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
Australia wipes student debt for millions – major HECS and HELP reforms begin
Starting today, millions of Australians with student loans will see thousands of dollars wiped from their debt as new HECS and HELP repayment rules take effect. The federal government has honoured one of its key
Australia, UK and Canada recognise Palestinian statehood in historic shift – Netanyahu furious
Australia has taken a historic step, joining Britain and Canada in formally recognising an independent and sovereign Palestinian state. The move, announced late Sunday (Sept 22), marks a major break from decades of Western policy
Australia to recognise Palestine: Albanese calls for peace and security
Prime Minister Anthony Albanese has confirmed Australia will formally recognise a Palestinian state during this week’s United Nations General Assembly in New York, joining the UK, Canada and several European nations in a move he
Australians selling burial plots online – Graves become lucrative investments
A striking and somewhat macabre trend is emerging across Australia: burial plots are being listed online as valuable assets, with some fetching more than $150,000. A nationwide shortage of cemetery space, especially in major cities,
Triple tragedy sparks outrage – Optus blamed for fatal emergency network failure
Australia is reeling after a catastrophic Optus outage cut hundreds of Triple Zero (000) emergency calls, resulting in three deaths—including an eight-week-old baby—across South Australia, Western Australia, and the Northern Territory. Optus CEO Stephen Rue
Albanese embarks on pivotal tour to US, UK and UAE – First UNGA address as Prime Minister
Australian Prime Minister Anthony Albanese departs today for a three-nation diplomatic mission covering the United States, the United Kingdom and the United Arab Emirates. The trip marks his first address to the United Nations General
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
Exquisite ancient statuettes of Apollo, Artemis unveiled for first time in Chania next week
A pair of small statuettes, depicting mythical Apollo and his twin sister, Artemis, will be presented on Today at the archaeological museum in the west Cretan city of Chania (Hania), the product of excavations at
Athens municipality: Most quake-damaged buildings are abandoned structures
The city of Athens, the biggest municipality in the greater Athens agglomeration, so far announced that 15 buildings in its boundaries were significantly damaged from the 5.1 on the Richter scale earthquake that struck the
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
PIPES: Kastelorizo: Mediterranean flash point
That Athens controls this wisp of land implies it could (but does not yet) claim an exclusive economic zone (EEZ) in the Mediterranean Sea extending 200 nautical miles to Kastelorizo. This would reduce the Turkish
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
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
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
Joe Biden pulls out of US presidential race, endorses Kamala Harris to take on Donald Trump
In a historic and unexpected turn of events, President Joe Biden has announced his withdrawal from the 2024 presidential race, endorsing Vice President Kamala Harris to be the Democratic nominee. The decision, which Biden described
