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
Greece to replace island refugee camps with ‘Transit centres’
Government announces plans to relocate 20,000 people from islands of Lesbos, Chios and Samos by early 2020 Greece has announced plans to close its three largest migrant camps and replace them with facilities on the
Shipowners donate 10 high-speed boats Rafnar to Greek Coast Guard
The Union of Greek Shipowners has said it will donate high-speed boats to the Greek Coast Guard in order to enhance patrols in the country’s maritime borders and effectively control the inflows from Turkey. Donated
Domestic Violence in Greece increased by 34.35% in 2014-2018
Incidents of domestic violence increased in Greece during that last couple of years. According to data released by Greek Police, registered incidents of domestic violence increased by 34.45% in the period 2014-2018. The incidents refer
Intruders conduct a foray at Athens’ Economic University’s historic building
Not many days ago a bevy of livid members of anti-authority groups with rafters and sledgehammers and with violent intentions conducted a foray at Athens’ Economic University’s historic building on Patision Street and made their
Tsitsipas wins ATP Finals title
Stefanos Tsitsipas has beaten Dominic Thiem in 3 sets to win ATP Finals title. Tsitsipas rallied to beat Thiem 6-7 (6), 6-2, 7-6 (4) on Sunday to become the youngest ATP Finals champion in 18
A Greek Robotics Team wins Bronze Medal at 2019 FIRST GLOBAL Challenge in Dubai
The Greek National Robotics Team “FIRST GLOBAL Challenge Team Greece» represented Greece in 2019 FIRST GLOBAL Challenge, held in Dubai, United Arab Emirates, on October 24-27, 2019. This is only the second year that Greece
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
Monkeypox: WHO Recommends Vaccination in Affected Areas
The World Health Organization (WHO) recommended on Monday that countries affected by the mpox virus (commonly known as monkeypox) initiate vaccination programs, particularly in regions where cases have been reported. The mpox outbreak in the
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
