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
Greek gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
PM Mitsotakis: By 2023 Greeks living abroad will be able to vote per post
“By 2023 you will finally be able to vote from your permanent place of residence,” Prime Minister, Kyriakos Mitsotakis, told the Greek-American community of Astoria during his visit to New York. One of the key
Gold mask, bronze helmets uncovered at ancient cemetery of Macedonian warriors
Archaeologists in northern Greece have uncovered a gold mask and bronze helmets from a vast ancient cemetery at Ahlada, near the town of Florina. In a statement Friday, the Culture Ministry said the most impressive
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
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
Assassination attempt on Trump – Two dead
Assassination attempt on Trump – Two dead, assassins killed. Turmoil unfolded on Saturday evening US time when former US president Donald Trump was reportedly injured by an assassination attempt during a campaign rally in Pennsylvania
Hellenic diaspora and the perils of disunity and cohesion
The Hellenism diaspora is faced with certain social and historical dangers, situations, and realities that cause serious problems in its cohesion and unity and often derail its aims and aspirations. Let us examine prudently and
Greek mercenary ‘Zeus,’ who murdered Russian prisoners, was eliminated
“Shocking news from the Russian media about the extermination of the Greek mercenary ‘Zeus,’ who murdered Russian prisoners, was eliminated. Tasos Antonakos, known by the nickname ‘Zeus’. Antonakos, who was allegedly involved in massacres of
Analysis of world population in 2023: India in first place and age trends
According to the latest UN estimates, the world population in 2023 will be 8.04 billion people. India is the country with the largest population with 1.43 billion, followed by China with 1.42 billion and the
