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
PM Mitsotakis reveals his policy program with tax reliefs
Greek Prime Minister, Kyriakos Mitsotakis, presented his multi-faceted agenda of measures regarding tax reliefs, labor regulations, less bureaucracy through digitization and investment. During his speech at Thessaloniki International Fair, the Prime Minister stressed that his
Study finds that Greeks drink much less alcohol than most other Europeans
According to a recent study conducted by the World Health Organization (WHO), the Greeks drink less alcohol than the average European. More specifically, the WHO study includes findings from thirty different European countries (the 28
Family of American who died in Greece “saves” 8 people by donating his organs
The family of a 30-year old American citizen who died in Greece recently, decided to donate his organs, saving the lives of eight different people. The unfortunate man was spending his summer holidays on Greece’s
Migrants arriving from Turkey, sleep on the streets on Greece’s Symi
The problem of the increasing migrant flows from Turkey to European shores was recently highlighted by the local authorities of the island of Symi. Symi is a small, picturesque island in the Dodecanese archipelago, that
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis
A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on Saturday, with a top defense
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
Major 7.4 magnitude earthquake in Taiwan: Tsunami warnings
An earthquake measuring 7.4 on the Richter scale struck Taiwan just before 8am (Taipei time). The epicentre of the quake was quite close to the island, prompting emergency tsunami warnings in Taiwan itself and on
Turkey Local Elections: Opposition asserts victories in major cities, dealing blow to Erdogan
Ekrem Imamoglu, Mayor of Istanbul, celebrates triumph, dealing a blow to the longstanding power of the Turkish president after two decades. In Turkey’s local elections, the primary opposition party has declared triumph in Istanbul and
Serbian President Vucic: Dora Bakoyannis should be ashamed
Serbian President Vucic strongly criticized Dora Bakoyannis, saying Dora Bakoyannis should be ashamed, alleging that she altered her position as the European Parliament’s speaker regarding Kosovo’s accession to the Council of Europe.”I am well aware
US, Britain, Ukraine behind Crocus City Hall attack — FSB chief
The United States, Britain, and Ukraine are behind the terrorist attack at Crocus City Hall, the chief of Russia’s Federal Security Service (FSB) Alexander Bortnikov has told the media. “We believe that this is true.
Netanyahu: The cancellation of the Israeli delegation’s visit to the United States sends a message to Hamas
Israeli Prime Minister Benjamin Netanyahu justified the cancellation of the scheduled visit of a high-level Israeli delegation to the United States, noting that he wanted to send a message to Hamas. Netanyahu’s office stated that
Baltimore: Francis Scott Key Bridge collapses – 6 presumed dead
via the Associated Press A cargo ship lost power and rammed into a major bridge in Baltimore early Tuesday, destroying the span in a matter of seconds and plunging it into the river in a
