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
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
Israel strikes Iran’s nuclear and military sites
Israel has launched a large-scale military operation targeting multiple military and nuclear sites across Iran. Israel strikes Iran’s nuclear and military sites in an attack in what Prime Minister Benjamin Netanyahu described as just the
Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the
Elon Musk ignites political firestorm, suggesting it’s time for a new party
Elon Musk has asked whether it’s “time to create a new political party in America” as his increasingly acrimonious public feud with President Donald Trump intensifies. Why It Matters Musk resigned from his position at
The undermining of Greece’s geopolitical credibility under the Mitsotakis government!
The Mitsotakis government’s foreign policy has led Greece into an unprecedented crisis of geopolitical credibility, with serious consequences for national interests, national sovereignty, and territorial integrity. The policy of appeasement towards Turkey, the signing of
Moscow bans Greek official and warns of further retaliation
Russia is dangerously hardening its stance towards Greece, openly denouncing the New Democracy government as a servant of the West. Moscow bans a Greek official and warns of further retaliation, openly denouncing the New Democracy
Germany’s economy buckles into a full-blown bankruptcy crisis
Germany is bracing for a continued surge in major insolvencies throughout 2025 and even 2026, according to a recent analysis by credit insurer Allianz Trade. Germany’s economy buckles into a full-blown bankruptcy crisis after a disastrous
