Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
Littleproud stops short of denying call for Ley to resign as Coalition split deepens
Nationals Leader David Littleproud has declined to deny reports that he urged Opposition Leader Sussan Ley to resign during a heated phone call, as leadership tensions intensify following the Coalition’s second rupture in just a
Economic collapse in Iran hits students in Australia
Iran’s deepening economic crisis and ongoing social unrest are now having a direct impact on thousands of Iranians living and studying abroad, with particularly severe consequences for students in Australia. The sharp devaluation of Iran’s
‘Door is open, but I’m not looking’: Ley stands firm after Coalition split
Opposition Leader Sussan Ley has moved swiftly to project stability and authority within the Liberal Party following a dramatic and highly public split with the Nationals, declaring she is “absolutely confident” in her leadership despite
Coalition in meltdown as Nationals walk out, declaring agreement with Liberals “untenable”
Australia’s federal Coalition has plunged into its most serious crisis in years, after the National Party formally withdrew from the opposition frontbench, declaring its governing agreement with the Liberal Party “untenable”. The dramatic rupture follows
Australia observes national day of mourning for victims of Bondi Beach terror attack
Australia today marks a national day of mourning to honour the victims of the December 14 Bondi Beach terror attack, which claimed the lives of 15 innocent people and deeply shocked the nation. As part
January 26 protests continue an 88-year First Nations legacy of resistance and survival
First Nations people across Australia are preparing to mark January 26 with rallies, marches and cultural events, continuing a protest tradition that stretches back nearly nine decades and predates the modern celebration of Australia Day
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
“These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” said Donald Trump in a statement. President-elect Donald Trump announced
A shadow ‘financial crisis’ has cost the world $2 trillion
Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. That’s a
The narrative changes as the Ukrainian proxy war is lost
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Gideon Saar’s Bold Vision: A New Era in Israel-Kurdish Relations
In his inaugural address as Foreign Minister, Gideon Saar articulated his vision for Israel’s foreign policy, emphasising the importance of building alliances with minority groups in the Middle East. In Gideon Saar’s Bold Vision: A
Trump and Putin discuss Ukraine resolution in first Post-Election call
President-elect Donald Trump has swiftly set his sights on resolving the ongoing conflict in Ukraine. It has come to light that he held a phone conversation with Russian President Vladimir Putin last Thursday, marking their
Donald Trump elected 47th president of the United States
Donald Trump will return to the White House after being elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago.
