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
3 Interest Rate cuts spark biggest Home Loan rush since the Pandemic
Australia’s housing market is experiencing an unprecedented surge in home loan applications, driven by three consecutive interest rate cuts in 2025 that have significantly boosted buyers’ borrowing power. According to recent data from Commonwealth Bank
Australia considers new Road Usage Tax as part of broader fiscal reform
The Australian federal government is considering introducing a new road usage tax, as part of broader tax reform and the transition to new mobility trends. The proposal emerged following a three-day productivity forum in Canberra,
New report shows Australians embracing AI in the workplace
Australian workers are optimistic about artificial intelligence adoption and the impact it will have in the workplace, with a new report from the Tech Council of Australia (TCA) finding most workers believe technology has improved
Australia-Israel diplomatic standoff: Visa revocations for Australian representatives to Palestine
An unprecedented diplomatic confrontation has erupted between Australia and Israel following the Australian government’s decision to recognise the Palestinian state. This move triggered a series of retaliatory actions, with the Israeli government revoking visas for
Covid-19 linked to accelerated blood vessel ageing, Australian patients included in major global study
A major international study involving Australian participants has revealed that Covid-19 may accelerate the ageing of blood vessels, particularly in women, raising fresh concerns about the long-term cardiovascular risks of the virus. The research, published
Australian meth, cocaine, MDMA, and heroin use jumps 34% in one year
Australians consumed 34 per cent more methamphetamine, cocaine, heroin, and MDMA in 2024 compared to the previous year, according to the latest National Wastewater Drug Monitoring Program. The survey found that 22.2 tonnes of these
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
Solidarity
From the first moment the government requested European assistance with the dispatch of eight Canadair aircraft. The manner in which the Greek government handled the great fire in Evia demonstrated the significance of coordination, preparedness,
Mystery as rare Ancient Greek chamber tombs unearthed with 14 skeletons inside
ARCHAEOLOGISTS have discovered two large chamber tombs dated to around 1300 BC in an important Mycenaean Greece-era burial ground. The discovery is so rare because the tombs are completely intact and offer new insights into
Ancient Tombs unearthed in Nemea, Greece shed light on Mycenaean Civilization
An ancient, unlooted chamber tombs dating from the Late Mycenaean period, (1400 – 1200 BC), near Nemea in the Peloponnesian Peninsula. The newly-found tombs at the Aidonia burial site include five full burials and the
Three Greek Students Sweep Medals at 26th International Mathematics Competition
Three Greek university students swept the medals, winning one gold and two silver, in this year’s International Mathematics Competition (IMC), which took place in Blagoevgrad, Bulgaria between July 28 and August 3. The team from
Greeks most pessimistic about future of EU
Greeks are the most pessimistic among their EU peers about the future of the European Union, according to the Standard Eurobarometer survey of spring 2019 published on Monday, which inquired about topics such as the
Ancient shipwrecks off Greek island of Evitha yield treasure trove of discoveries
The first underwater archaeological research period of the Ephorate of Underwater Antiquities off the island of Levitha has yielded some important discoveries, according to the Ministry of Culture and Sports. The research was conducted from
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
Erdogan issues open threat to invade Israel
Turkish President Recep Tayyip Erdogan has intensified his rhetoric against Israel. Erdogan issues open threat to invade Israel suggesting Turkey will intervene militarily on behalf of the Palestinians, as it has done in other conflicts.
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
