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
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
Australia marks 25th anniversary of East Timor service
Today marks 25 years since Australian troops were first deployed to Timor-Leste. Around 5,500 Australian service personnel were sent to Timor-Leste in 1999, the largest deployment of Australian troops since the Vietnam War, after the
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
Anthony Albanese praises EU for following Australia’s lead on social media restrictions for children
Australian Prime Minister Anthony Albanese has welcomed the European Commission’s decision to follow Australia’s lead in implementing strict social media restrictions for children under 16. European Commission President Ursula von der Leyen announced the creation
Brazil: Former President Jair Bolsonaro sentenced to 27 Years for 2022 coup attempt
Brazil’s Supreme Court on Thursday handed down a 27-year prison sentence to former president Jair Bolsonaro after finding him guilty of orchestrating a coup attempt following his 2022 electoral defeat by Luiz Inácio Lula da
UN Security Council condemns September 9 attacks in Qatar
The United Nations Security Council has strongly condemned the September 9 attacks in Doha, emphasizing the importance of maintaining stability in the Gulf region. In their official statement, Council members expressed “deep sorrow” for the
Awkward Moment for Anthony Albanese at Pacific Summit – $100 Million Pledge to Climate Fund
Australian Prime Minister Anthony Albanese found himself in an awkward situation during the Pacific Islands Forum in the Solomon Islands when he arrived wearing the wrong shirt. Instead of the navy-blue shirt worn by the
Qatar threatens response after Israeli attack, Netanyahu “kills all hope” for Gaza hostages
Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, condemned Israel’s recent attack in Doha, saying it destroyed all hope for hostages remaining in Gaza. He warned that Qatar would respond in coordination
Conservative activist Charlie Kirk killed in Utah University shooting amid confusion over suspect
Shock reverberates across the United States after conservative activist and ally of President Donald Trump, Charlie Kirk, was shot during an event at Utah Valley University and later died in hospital. The incident occurred around
