Capital Gains Tax discount reform under consideration
Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped
ATO 2024/25 Tax Deadline: What Australians must do before October 31 to avoid penalties
The Australian Taxation Office (ATO) is reminding taxpayers that the deadline for filing 2024-2025 tax returns is Friday, October 31, 2025. Australians who miss the date could face penalties and fines, officials have warned. When
Lord William Hague praises Australia’s social media ban for under-16s, criticises Albanese government over Palestinian recognition
Oxford University Chancellor Lord William Hague has praised Australia’s “bold and responsible” move to ban social media for children under 16, calling it a landmark step in protecting young people’s mental health and civic integrity.
RBA warns of rising global risks: Overvalued markets, cyber threats, and China’s slowdown
The Reserve Bank of Australia (RBA), in its semi-annual Financial Stability Review, has warned that global financial risks are not easing — in fact, they are rising — as uncertainty continues to cloud the economic
Australia’s opposition demands strong support for BHP in China dispute
Australia’s opposition is urging the Albanese government to actively intervene as BHP faces a reported freeze on iron ore shipments to China following stalled price negotiations. Opposition finance spokesman James Paterson criticized the government’s “hands-off”
‘Mushroom Murderer’ Erin Patterson to lodge appeal against convictions
Erin Patterson, infamously known as the “mushroom murderer,” is preparing to appeal her convictions for three counts of murder and one count of attempted murder. The Victorian Supreme Court has granted her an additional 28
Melbourne teen with ISIS interests accused of threats against Jewish congregation, hidden machete cache
Disturbing details have emerged about an 18-year-old Melbourne man charged with terror offences, accused of threatening the city’s oldest Jewish congregation and hiding a cache of machetes. According to evidence presented before the Supreme Court,
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
Tax evasion and money laundering linked to estate of famous Greek singer
“I have not evaded taxes, I have never been asked to explain myself,” he says Popular Greek singer Antonis Remos has found himself at the centre of a 1.5 million euro tax evasion and money
The Guardian on Greece’s 6-day week – “Already the longest working week in Europe”
It means the traditional 40-hour working week could be extended to 48 hours for some companies. Under the telling headline “Greece introduces six-day working week with ‘growth orientation’”, the UK’s Guardian reports on the implementation
Family Pride Thessaloniki celebrates the essence of the Hellenic family
On 6 July, there is a call for a Family Pride starting from the White Tower in Thessaloniki. “We are celebrating the Greek family” is the central message on the poster that has been making
Prespes: No matter what they do, history can not be unwritten
Matthew Nimitz, the UN Special Mediator for the name issue (1994-2019), was awarded the first Prespa Peace Prize by Alexis Tsipras and Zoran Zaev. Regardless of the theatrics of Prespes: No matter what they do,
A resounding rebuke to ND: Loosing 1,100,000 votes compared to the 2023 national elections
New Democracy is suffering rapid political damage from the result of the European elections, as in just one year the blue party lost about 1,100,000 votes, resulting in Piraeus to intense concern about the huge
Greece elected to UN Security Council
Greece has been elected a non-permanent member of the United Nations Security Council for a third time. The country will hold the seat for the 2025-2026 term. As there were five candidate countries for the
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
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
Deported neo-Nazi protester arrives in South Africa after visa cancellation
A South African national who took part in a widely condemned neo-Nazi demonstration in Sydney has arrived back in Johannesburg after being deported by Australian authorities. Matthew Gruter, 35, was removed from the country following
