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
NAB demands sweeping tax reforms to ease younger Australians’ growing income burden and protect national productivity
The National Australia Bank (NAB), one of the nation’s “big four” banks, has issued a stark warning that Australia’s tax system is exacerbating generational inequality and putting the country’s long-term competitiveness at risk. According to
Australia’s new climate target sparks fierce debate, cost concerns and industry criticism
Australia’s Prime Minister Anthony Albanese has unveiled a new mid-term emissions reduction target: a 62–70% cut by 2035. The move, presented as a “responsible, science-backed” step ahead of the United Nations General Assembly in New
Virgin Australia makes history with pet-friendly in-cabin flights
Virgin Australia has launched Australia’s first-ever in-cabin flights allowing small cats and dogs to travel alongside their owners. Starting 16 October 2025, the “Pets in Cabin” service will operate on trial routes between Melbourne, the
Household Power Bills Soar 27% Above Inflation, Sparking Concern for Australians
New figures reveal a sharp surge in electricity bills, with average household power costs in Australia rising 27.16% above inflation over two years. Data from energy comparison service iSelect shows the average electricity price climbed
Australia and Papua New Guinea fail to finalise defence treaty, sign communique instead
A long-anticipated defence treaty between Australia and Papua New Guinea failed to cross the finish line today, with both nations instead signing a communique in place of the formal agreement. The setback is seen as
Does washing fruit and vegetables really remove pesticides?
Testing in Australia has uncovered the banned pesticide thiometon on fresh berries sold in New South Wales, along with high levels of the legal pesticide dimethoate. While within legal limits, experts warn that both adults
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
Six Out of Ten Greeks ‘Barely Cope’: Survey
The everyday lives of Greeks have not changed much since the country exited the bailout program last August, according to a new survey by the Foundation for Economic and Industrial Research (IOBE). IOBE is an
Editorial To Vima: Tsipras’ court trials
The left, having since the interwar period suffered unwarranted persecution over unproven crimes, was in the past guarded as regards the periodic waves of scandal-mongering, and demanded objectivity and evidence before condemning and ostracising political
Mothers in Greece Mark World Breastfeeding Week
Hundreds of mothers breastfed their infants in public places in major cities across Greece on Sunday to mark World Breastfeeding Week celebrated throughout the globe. Mothers in Athens, Thessaloniki, Patra, Argos, Nafplio, Messolonghi Nafpaktos and
Albanian journalist says Albania’s PM Rama gave the go-ahead to kill Katsifas
The Albanian Prime Minister’s office gave the go-ahead to kill 35-year-old Greek man Konstantinos Katsifas, with the approval of Turkey, said Albanian journalist Kastriot Miftairi on mainstream television. The execution of Katsifas has cast a
Albanian Police kill Greek who raised Greece’s flag in Northern Epirus
A 35-year-old Greek, named Konstantinos Katsifas, was shot dead by the Albanian special forces near the village Bularat (Vouliarates) in Albania’s northern Epirus region, 6 kilometers (4 miles) from the Greek-Albanian border. According to Albania’s
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
Flights between India and Australia suspended until May 15
Flights to and from India into Australia have now been suspended, amid increasing concerns over the nation’s escalating COVID-19 situation. Flights to and from India into Australia have now been suspended, Scott Morrison has announced,
Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
U.S. says Turkey violated international law, NATO commitments in Mediterranean
Turkey broke international law and its NATO commitments in the eastern Mediterranean during a dispute with Greece last year over territory, U.S. Secretary of State Antony Blinken said. Bilateral disputes should be settled peacefully and
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied
Game over for oil… The economy is next
It’s game-over for most of the U.S. oil industry and the repurcussions are global Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That
