Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
Australian workers lose $91 billion a year
Australian workers are doing $91 billion worth of unpaid overtime each year, new research has revealed. The study by the Australia Institute’s Centre for Future Work shows that, on average, workers put in five weeks of
31% of companies are not paying tax in Australia
The Australian Taxation Office’s (ATO) annual corporate tax transparency report reveals that although large companies contributed a record A$100 billion in taxes last year—a 17% increase—31% of large companies operating in Australia still paid no
$675 million to repair Victoria’s roads
The Victorian Government is launching a $675 million maintenance operation targeting the state’s crumbling regional roads. The major initiative began Monday and will run for nine months, focusing on fixing potholes, reconstructing and resurfacing roads.
Peter Dutton: Plans to abolish the role of Ambassador for First Nations Peoples
The leader of the federal opposition, Peter Dutton, has pledged to abolish the position of Ambassador for First Nations Peoples if the Coalition wins the upcoming elections. This announcement follows revelations from the Daily Telegraph
Good news for motorists: Expected drop in gasoline prices
Motorists can look forward to further savings at fuel stations, as analysts predict a continued decrease in fuel prices. For years, China’s booming economy has driven global oil demand. However, recent forecasts from both OPEC
AMA urging stop to ‘coercive and deceptive’ marketing of commercial foods for infants
The Australian Medical Association is calling on the government to implement best practice standards for nutrition in commercial foods for infants and young children. As part of its submission to the Department of Health and
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
The ancient serenity of snowcapped Mount Parnassus
A drone video has recently captured the mesmerizing magic of Mount Parnassus in central Greece after the November snows covered its craggy peaks. Parnassus, measuring 2,457 meters (8,061 feet), is one of the highest mountains
Greeks rank in top places in smoking and child obesity
Greeks come second in smoking among EU Member State citizens, they also rank in second place in childhood obesity, while they are very cautious in vaccinating their children, a report says. All the above cause
PM Mitsotakis: Greece will ask NATO to condemn Turkey over International Law Violations
Greek Prime Minister Kyriakos Mitsotakis on Sunday said that he will ask NATO to condemn Turkey at the NATO summit on December 3-4 in London. Greece will not tolerate any Turkish provocation without responding, the
Dendias briefs opposition leaders on Turkey
Greek Foreign Minister Nikos Dendias on Monday briefed the leaders of opposition parties on the latest developments concerning Turkey’s activities in successive phone calls, a ministry source said. Dendias also informed opposition leaders about the
Greek FM: Athens, Cairo view MoU between Ankara and weak Tripoli interim govt as ‘legally baseless’;
Greek diplomacy continued in “overdrive” mode over the weekend, days after Ankara abruptly announced the signing of a MoU with the weak Tripoli-based interim government to delineate exclusive economic zones between the Turkey and Libya
Greece Connects China with Europe: Cultural Communication Under 17+1
The 17+1 is discussed more and more in Europe, especially in Central and Eastern European (CEE) countries. What is 17+1? It was born from 16+1. The 16+1 stands for Summit of Cooperation between China and
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
