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
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
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
UK election: a new chapter for the country – what Labour will really change
Labour’s historic victory in the UK election was underlined by the exit poll, which showed that Kir Starmers’ party won 410 seats in the House of Commons, while Rissy Shunak’s Conservative Party won 131 seats,
The impending surge of Marine Le Pen in France
Examining the momentum behind Le Pen’s National Rally Marine Le Pen and her National Rally movement have emerged as the leading force in the European elections this year and appear poised to also secure victory
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
