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
Coronavirus: Greece on High Alert at Gates from Italy
Greek authorities have put portals from Italy on high alert. More than 100 people are confirmed to have coronavirus in Italy and in the past two days SIX people have died. Greece is taking emergency mea-sures at
Staramaki: Straws made of wheat, innovation made in Greece
One hundred thousands unique straws made of wheat. The first large quantity of eco-friendly straws, “staramaki” has been produced in the last few days by a Social Cooperative Enterprise (Koinsep) in Kilkis, northern Greece. Producers
Carnival in Naoussa: The unique tradition with ancient Greek roots
Greece is a country where the annual Carnival season is closely linked to its rich and very ancient folklore tradition. Dozens of beloved local festivities take place each late Winter across the entire country. However,
Cypriot student aims at breaking Guinness World Record for solving Rubik’s cube
Michael Eleftheriades is a 17-year old student from Cyprus who aims to break a Guinness World Record for solving the Rubik’s cube while being upside down in the fastest time. Eleftheriades has managed to win
UN to post EEZ maps of Libya, Turkey deal
Athens is bracing for the United Nations’ Division for Ocean Affairs and the Law of the Sea to post the geographical coordinates outlined in the maritime border agreement signed by Turkey and the Tripoli-based government
Thessaloniki’s Diocese ordinates the city’s first Ugandan Deacon
Father George (Georgios) was ordained a Deacon by Thessaloniki’s bishop Anthimos recently, the first Ugandan Deacon in the known history of the city’s Diocese. Father George came from the African state of Uganda and went
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
How China could re-dollarise without funding US wars
China issued a US dollar-denominated bond in Saudi Arabia, directly challenging the petrodollar system. Although the bond was relatively small, at $2 billion, the rate and uptake are noteworthy. China was able to issue US
UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation
British state media has confirmed that Ukraine launched British-supplied Storm Shadow missiles at targets deep within Russia’s Kursk region. UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation of the ongoing conflict. This strike,
US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine
Bombshell from Le Figaro! US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine. This is a transparent attempt to escalate the Ukraine War before Trump takes office. Biden is now
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
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
