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
One Nation surges as Coalition support collapses, polling shows
Support for Pauline Hanson’s One Nation party has more than doubled since the federal election, placing the right-wing party ahead of the Greens in primary vote intentions, according to new polling. The Guardian Essential poll,
Historic intervention in housing market: 5% Deposit Scheme sparks debate over property prices
The Labor government has delivered on its election promise to expand the Home Guarantee Scheme, cutting required deposits from 20% to just 5% for first-home buyers, effective October 1, 2025, instead of January 2026. The
Aged care Workers receive another pay boost in Australia
The Fair Work Commission’s decision increases wages for hundreds of thousands of aged care employees. The Australian government announced today further wage increases for aged care workers following a decision by the Fair Work Commission.
China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the
Sussan Ley slams Albanese over UK Labour speech funded by taxpayers
Prime Minister Anthony Albanese’s decision to address the UK Labour Party’s annual conference in Liverpool has sparked fierce criticism at home, with Opposition Leader Sussan Ley accusing him of “crossing the line” and engaging in
Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime
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
Greece shuts down Museums, Archaeological sites due to Coronavirus
The Greek Ministry of Culture announced on Friday that it is closing down the country’s museums and archaeological sites — at least until March 30 — to help control the spread of coronavirus. In a
Coronavirus: Greece holds its breath as tens of millions of Italians put in quarantine
As the number of coronavirus cases in the country rose to 84 on Monday with 11 new infections identified, health authorities called on people with symptoms of the virus to stay at home and avoid
The Hellenic Initiative Australia, renews grant for SOS family support program in Patras
The Hellenic Initiative Australia has renewed its support for SOS Children’s Villages Greece, providing children from disadvantaged families in the regional city of Patras with critical educational and nutritional support. The €20,000 grant renewal will
Greece’s Civil Aviation has suspended flights to/from North Italy
Greece’s Civil Aviation Authority has decided to suspend flights from all Greek airports to and from North Italy on Monday. “All flights to and from Northern Italy are suspended from all Greek airports and for
Greek Bishop “discovers” drug against coronavirus: Holy Water
Retired Greek Orthodox bishop Amvrosios presented to the faithful the “absolute” medication against the coronavirus: a small spray container full of Holy Water. This is the “eternal and indefinable” protection, he claimed. The former Bishop
Athens stock exchange tumbles as world markets get infected by Coronavirus panic
The Athens Stock Exchange plunged 13.39 percent on Monday, as investors worldwide react to the coronavirus and the oil price war launched by Saudi Arabia overnight. OPEC and Russia added to the worst one-day crash
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
Joe Biden: Personal ambition cannot get in the way of saving democracy
In a televised address in the early hours of Thursday morning (25/7), US President Joe Biden explained to Americans his reasons for dropping out of the campaign for re-election to the presidency in November. He
New Zealand: 200,000 children and adults abused in public and religious care facilities
Around 200,000 children, young people and vulnerable adults in New Zealand have suffered abuse or violence in public and religious care settings over the past 70 years, according to official research published on Wednesday (24/7).
The world’s most powerful passports for 2024 so far
What’s red on the outside, purple on the inside, and grants you access to 195 destinations around the world visa-free? It’s the Singapore passport, and it’s just been named the world’s most powerful travel document
The head of the secret services resigned over Trump’s failed assassination attempt
On Tuesday, July 23, Kimberly Chitle announced her resignation as head of the Secret Service, admitting mistakes in operations on the day of Donald Trump’s assassination attempt by shooting during a speech. “We failed,” Chitle
Democrats rally around Kamala Harris – She secured enough support for the nomination
Kamala Harris has secured the support of a sufficient number of delegates at the Democratic Party convention – at least 1,967 – to be held in Chicago in August, and is now considered a lock
Microsoft outage leaves Russia and China largely untouched
An IT issue caused by a faulty update began wreaking havoc with Windows machines worldwide early Friday morning, knocking companies and banks offline and grounding planes at various airports. An update from cybersecurity provider CrowdStrike
