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
Tempi Tragedy: Message of solidarity from the Association of Bereaved Families of the Mati Fire
“We once again express our deepest solidarity to the families of the deceased and the injured, sincerely hoping that the truth will be revealed and justice will be served for the victims, so that the
Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece
The US Department of Government Efficiency (DOGE), an agency led by Elon Musk tasked with reducing government expenditure. Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece. Announced on X that it has cancelled a
Karystianou blasts the investigator, asking “Do you grasp the cover-up?”
“After two years, we are still dealing with videos of dubious authenticity that have suddenly surfaced, even though footage from the two contentious days has been in the investigator’s possession. Karystianou blasts the investigator, asking
Santorini: The ultimate eruption nightmare?
Earthquakes in the wider Santorini region appear endless, leaving the scientific community deeply concerned about the ongoing cycle of seismic activity. Santorini: The ultimate eruption nightmare? Indeed, scientists are now openly discussing the possibility of
World Greek Language Day: Greek as a bridge of culture and universal values
The Greek language is one of the fundamental pillars of our civilization, an unbroken chain that connects the past with the present and the future. From Homer’s epics and the philosophy of Plato and Aristotle
Seismic activity in Cyclades: Authorities and experts weigh in on potential scenarios
The picturesque islands of the Cyclades continue to be shaken by a series of moderate to strong earthquakes, with the strongest yet recorded on Wednesday evening (February 5) in the region between Santorini and Amorgos.
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
How China could re-dollarise without funding US wars
China issued a US dollar-denominated bond in Saudi Arabia, directly challenging the petrodollar system. Although the bond was relatively small, at $2 billion, the rate and uptake are noteworthy. China was able to issue US
UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation
British state media has confirmed that Ukraine launched British-supplied Storm Shadow missiles at targets deep within Russia’s Kursk region. UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation of the ongoing conflict. This strike,
US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine
Bombshell from Le Figaro! US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine. This is a transparent attempt to escalate the Ukraine War before Trump takes office. Biden is now
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
“These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” said Donald Trump in a statement. President-elect Donald Trump announced
A shadow ‘financial crisis’ has cost the world $2 trillion
Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. That’s a
