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
Musk’s SpaceX causes Qantas delays
Qantas has been forced to delay several of its flights to South Africa at the last minute due to warnings of falling debris from Elon Musk’s SpaceX rockets reentering earth. Ben Holland, head of Qantas’
Court annuls marriage after Melbourne bride thought wedding was ‘sham’ to boost groom’s Instagram
Judge finds woman ‘believed she was acting in a social media event’ rather than official ceremony A Melbourne couple’s marriage has been annulled after the bride told a court she had thought their wedding was
Demolished history: Developer accidentally tears down the birthplace of AC/DC
A developer in Australia has come under fire for accidentally demolishing the house where legendary rock band AC/DC was formed. The site, located at 4 Burleigh Street in the Sydney suburb of Burwood, was a
Inflation rises above forecast as grocery spending soars
New inflation figures show an increase in the 12 months to November, after it previously fell to its lowest level in three years. The Australian Bureau of Statistics said the consumer price index lifted to
Liberal crisis deepens as Pesutto reverses course on Moira Deeming’s readmission
The Victorian Liberal Party is embroiled in turmoil as opposition leader John Pesutto faces mounting pressure. The Liberal crisis deepens as Pesutto reverses course on Moira Deeming’s readmission, evident both from within his ranks and
Pesutto triumphs in vote to keep Moira Deeming expelled from Liberal party room
Victorian Opposition Leader John Pesutto has secured a decisive victory after Liberal MPs voted to keep Moira Deeming expelled from the party room. In a civilised meeting this morning, MPs gathered to vote on whether
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 passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied
Greeks clap in gratitude to doctors and nurses against the coronavirus
Following the example of Spain, Greeks came out in their balconies at 9:00 p.m. Sunday and clapped in gratitude to doctors and nurses fighting the coronavirus in the country’s hospitals. The call to action was
Greece suspends services in worship places of all religions
Greek Prime Minister Kyriakos Mitsotakis announced late on Monday that services in all areas of religious worship of any religion or dogma are suspended. The conservative leader announced the decision on a tweet just an
Coronavirus Greece: 21 new confirmed cases, total 352
Greece’s health autho-rities announced on Monday 21 new confirmed cases of coronavirus, cases that increase the total number of inflections to 352. 65 patients are hospitalized, 9 of them are intubated hospitals ICU in Athens,
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
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
Arab Coalition with Iran in response to Israel: The crucial meeting in Tehran
In the wake of the assassination of Hamas leader Ismail Haniyeh, Iran is mobilising what it calls the “axis of resistance” against Israel. High-ranking officials have been summoned to Tehran for consultations, raising fears of
East-West prisoner swap: Largest since the Cold War
US President Joe Biden has celebrated the return of three Americans who were imprisoned in Russian penal colonies after secret “sham” trials. They were freed as part of a significant East-West prisoner swap. Biden and
