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
Turkey eyes area off Kastellorizo
Athens is observing with concern as Turkey continues to plan to prospect for hydrocarbons south of the Greek island of Kastellorizo despite warnings from the European Union of sanctions over its drilling off Cyprus. The
€2,000 for every newborn child in Greece as of 1.1.2020
Deputy Labor Minister Domna Michaelidou said that 2,000 euros will be given to parents of every new born child in Greece as of 1st January, 2020. She revised her statement beginning of the week that
Greece bans imported pork from Bulgaria amid African swine fever outbreak
Bulgarian Agriculture Minister Desislava Taneva said on Friday that Greece has decided to ban imported pork from her country, due to an outbreak of African Swine Fever disease that has been detected in thousands of animals
Major archaeological discoveries made in Neolithic site in Central Greece
Greece’s Ministry of Culture issued a statement on Friday afternoon, regarding recent discoveries in a neolithic settlement that is located in Phthiotis region and dates back to 6,000 – 5,800 BC. The settlement, known to
EU prepares sanctions as Turkey presses on with drilling off Cyprus coast
The EU has agreed to bring financial and political sanctions against Turkey after repeat warnings over the past weeks. European Union officials on Mon-day agreed political and financial sanctions against Turkey after Ankara went ahead
Mitsotakis unveils reform-heavy, pro-market policy statements in Parliament address
New Greek Prime Minister Kyriakos Mitsotakis referred to practically every reform promised by him and his conservative New Democracy (ND) party over the past four years – and then some – expressing a pro-market, meritocracy-based
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
The impending surge of Marine Le Pen in France
Examining the momentum behind Le Pen’s National Rally Marine Le Pen and her National Rally movement have emerged as the leading force in the European elections this year and appear poised to also secure victory
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
Bolivian coup fails amid suspicion of foreign interference
Riot police closely monitored government buildings the day after army chief Zuniga deployed troops and tanks to the center of the capital. Bolivian coup fails amid suspicion of foreign interference in a coup attempt that
26 June – International Day against drug use and illicit trafficking
Message from Antonio Guterres, United Nations Secretary-General “The focus should be on rehabilitation rather than punishment and imprisonment for minor drug offences”. Tens of millions of people suffer from a substance use disorder. Less than
