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
Dendias: Greece moves ahead with Two Bergamini frigates – major steps to strengthen the Navy
Greece is moving swiftly to reinforce its Navy, as the deal for two Italian Bergamini-class frigates is expected to be finalised on Monday. Defence Minister Nikos Dendias informed Parliament’s Defence Committee that the Hellenic Navy
Sokratis Famellos: “It is Time for a common progressive response to today’s challenges”
SYRIZA – Progressive Alliance president, Sokratis Famellos, delivered a strong message of political readiness and coalition-building during a meeting of the party’s Political Secretariat. Famellos stressed that both domestic and global developments make it imperative
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
Mitsotakis–Erdogan meeting in New York likely to be cancelled – “Extremely difficult,” Greek government sources say
The scheduled meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan in New York appears to be heading toward cancellation. According to a senior government source, holding the meeting now seems
Metron Analysis poll: New Democracy leads, opposition fragmented
A new Metron Analysis poll for Mega shows New Democracy holding a 14.6-point lead over PASOK, which shows a slight increase since June. SYRIZA remains in sixth place with 6.2%, while KKE records a small
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
Winners and losers in global commodities this year
The global commodities market has experienced significant volatility this year, with prices generally remaining elevated across various sectors. The first half of the year saw orange juice and cocoa prices reach record highs, while crude
WHO reassures: Mpox is not the new COVID – We know how to control its spread
A World Health Organization (WHO) official emphasized today that Mpox, whether it’s the new or old strain of the disease, is not the new COVID-19, as health authorities have the knowledge to control its spread.
The Middle East on a razor’s edge: Tough bargaining for a ceasefire
International concerns over the escalation of war in the Middle East have peaked as U.S. Secretary of State Antony Blinken arrives in Israel in a last-ditch diplomatic effort to secure a ceasefire in Gaza. This
Monkeypox: WHO Recommends Vaccination in Affected Areas
The World Health Organization (WHO) recommended on Monday that countries affected by the mpox virus (commonly known as monkeypox) initiate vaccination programs, particularly in regions where cases have been reported. The mpox outbreak in the
Sicily shipwreck: Tech tycoon Mike Lynch among the missing
At least one person has died and six others are missing after a luxury yacht was struck by a severe storm and sank off the coast of Palermo, Sicily’s capital. Among the missing is British
159 countries poised to adopt BRICS new payment system
Amid ongoing efforts to create a SWIFT alternative, the BRICS alliance is developing its payment system. This system will play a crucial role in the bloc’s trade, enabling transactions without relying on the US dollar.
