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
Nationwide ban on abusive childcare workers could take a year, Attorney-General warns
Attorney-General Michelle Rowland has admitted that urgent measures to close loopholes in Australia’s childcare system, which are being exploited by child abusers, may take up to 12 months to implement. Speaking ahead of a meeting
Brother of murdered Australian-Israeli Galit Carbone slams Anthony Albanese over Palestinian statehood recognition
The Australian and Israeli communities are shaken by the powerful statement of Danny Majzner, brother of Galit Carbone, the Australian-Israeli woman brutally murdered by Hamas terrorists on October 7, 2023. Mr. Majzner, 63, has strongly
4-Day work week plan could starve CBD cafés and kill productivity
“The 4-day week may sound good on TV appearances—but for cafés and CBD venues, it’s a path to empty stores and debt—not productivity” The Australian Restaurant & Cafe Association (ARCA) warns that the ACTU’s push
Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
Australia to purchase 11 frigates from Japan in a deal worth a reported $10 billion
Australia is moving forward with the acquisition of 11 Mogami-class frigates, which will be built by the Japanese group Mitsubishi Heavy Industries (MHI), in a deal worth $10 billion. The announcement was made by Australian
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
Historic decision made to rebuild Part of the Parthenon
The Greek Central Archaeological Council (KAS) decided on Wednesday that a part of the Parthenon, now in ruins on the Athens Acropolis, is to be rebuilt using mostly materials which are now lying on the
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
Turkey drills for gas in Cyprus’ waters, prompting EU outcry
The EU and US have urged Turkey to stop drilling for gas in Cyprus’ maritime zone – but Ankara has told its allies it would do so anyway. Brussels and Washington spoke out over the
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
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
Sicily shipwreck: Tech tycoon Mike Lynch among the missing
At least one person has died and six others are missing after a luxury yacht was struck by a severe storm and sank off the coast of Palermo, Sicily’s capital. Among the missing is British
159 countries poised to adopt BRICS new payment system
Amid ongoing efforts to create a SWIFT alternative, the BRICS alliance is developing its payment system. This system will play a crucial role in the bloc’s trade, enabling transactions without relying on the US dollar.
German Police to raid homes over sharing non-mainstream content online
The German government has proposed a plan that could allow German Police to raid homes over sharing non-mainstream content online and on social media. According to reports from Der Spiegel and RND, the German Federal
Russian Zaporizhzhya nuclear power plant was attacked
It seems the worst has been averted despite a fire in the cooling system of the Zaporizhzhya nuclear power plant, caused by another Ukrainian artillery strike. Fortunately, no serious damage or radiation leakage has been
World Anti-Doping Agency accuses US of major doping scandal
The recent accusations by the World Anti-Doping Agency (WADA) against the U.S. are nothing short of shocking and could potentially mark one of the largest doping scandals in history. According to reports, the U.S. Anti-Doping
Japan did not invite Israel to the U.S. nuclear bombing commemoration
The mayor of Nagasaki, not only dismissed the invitation of the ambassador of Israel but invited the ambassador of Palestine instead. The well-known professional democrats from the G7 and EU threatened him and in the
