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: Underwater structure taller than the Empire State Building discovered
Scientists exploring the Great Barrier Reef off the coast of Australia have uncovered a massive new reef that rises 500 meters from the seafloor. This colossal underwater structure surpasses the height of some of the
RBA announces quarter-point reduction in cash rate to 4.1%
The Reserve Bank has announced a quarter-point reduction in the cash rate to 4.1%. The decision is a sign the RBA believes inflation is being tamed, and there is room to ease pressure on mortgaged
New rules for Aussie Community Grants slammed as ‘woke’ and ‘ridiculous’
The Albanese government has faced backlash for altering the Stronger Communities program, which thousands of local sports clubs and community groups rely on for funding. The revised guidelines now prioritise spending on initiatives like First
Suburban Rail Loop funding released amid continued controversy
The Albanese government has announced the release of $2.2 billion in funding for the controversial Suburban Rail Loop (SRL), a promised contribution from the last federal election. This funding, however, comes with strict conditions and
Victoria Police Chief Commissioner Shane Patton resigns amid leadership crisis
In a dramatic turn of events, Victoria Police Chief Commissioner Shane Patton has resigned just days after a scathing vote of no confidence in his leadership. The decision to step down came following increasing scrutiny
Buying a home is tough for young people so how do some manage?
For many young Australians, breaking into the housing market feels tougher than ever, with many fearing they may never own a home. Public debates continue over whether it is harder now than decades ago. Buying
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
Yiannis Tsarouchis
The years after the First World War had a tremendous political, social and cultural impact on Greece. The end of the war coupled with the Asia Minor Tragedy almost brought Greece to its knees financially
Greek shipping fleet’s transport capacity more than doubles since 2008; global first place retained
The transport capacity of the Greek-controlled fleet multiplied over the 2007-2018 period, according to the Union of Greek Shipowners, which noted that the fleet increased from 170 million dwt to more than 389.68 million dwt
Tax breaks
During the years of the crisis Greek citizens shouldered a huge tax burden. Those who did not have the means to hide their incomes – salaried employees and pensioners – bore the bulk of the
Greece resumes migrants deportations to Turkey
Greece says it is restarting deportations of migrants to Turkey in an effort to deal with the increasing number of illegal crossings in recent weeks, the Associated Press reported on Friday. The number of migrants
France to briefly return Parthenon metope to Greece on occasion of 2021 events
France will reportedly loan a frieze from the Parthenon, displayed today at the Louvre, to Greece on the occasion of events and comme-morations in 2021, the 200th anniversary of the beginning of the Greek War
Samos: Tourists and locals evacuated as forest fire is ranging
A big forest fire is raging on the island of Samos and authorities have ordered the evacuation of two hotels as well residents of the area of Mesokampos near Pythagorio. The fire broke out in
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
Australia’s social media age laws praised as ‘world-leading’ at UN
Australia has taken centre stage on the global arena after passing landmark legislation raising the minimum age for social media use from 13 to 16. The reforms, unveiled at the United Nations in New York,
Erdoğan visits White House with over $50 billion shopping list
For the first time in six years, Turkish President Recep Tayyip Erdoğan is visiting the White House, bringing a series of major deals aimed at restoring the strained relations between Turkey and the United States.
Trump’s U-turn on Ukraine: from concessions to Moscow to full territorial recovery
A fresh shift in Donald Trump’s position on the Ukraine war has been reported by CNN, raising concern across the West and creating unease among allies. The U.S. President, who previously argued that Kyiv should
Mitsotakis at Greek-American community luncheon: Greece returns strongly
Greek Prime Minister Kyriakos Mitsotakis addressed a luncheon organized by 28 Greek-Australian organizations, highlighting the progress of the Greek economy and the return of young Greeks from abroad. Mitsotakis described it as a “privilege” to
Mitsotakis at UN: Considering a ban on social media for children under 16
Greek Prime Minister Kyriakos Mitsotakis, speaking at the “Protecting Children in the Digital Age” event hosted by Australia during the 80th UN General Assembly in New York, announced that Greece is seriously considering banning social
Christodoulides at UN: harsh rebuke to Erdogan’s “hypocrisy” on Cyprus and peace
Cyprus President Nikos Christodoulides delivered a forceful speech at the 80th United Nations General Assembly, directly challenging Turkish President Recep Tayyip Erdogan and accusing him of “selective sensitivity and hypocrisy at its peak.” Christodoulides reminded
