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
Conqueror of four of the world’s highest peaks
Greek climber Antonis Sykaris holds up the Greek flag atop one of four peaks with an altitude of more than 8,000 meters in the Himalayas – the first Greek to do so – in this
US cautions Turkey over Cyprus
The United States has reiterated its call to Turkey not to proceed with offshore drilling operations within Cyprus’ exclusive economic zone (EEZ) and repeated its support of the Mediterranean island’s right to exploit and develop
Greece remembers the Cold-Blooded Nazi massacre at Distomo
The massacre at Distomo remains to this day one of the most heinous crimes the Nazis committed against innocent women and children, just months before the German occupying forces pulled out of Greece. On June
UK’s Travel Warning for Greece: Capital controls, alcohol and mosquitoes
The UK Foreign Office has updated its travel warnings for popular British tourists destination. The list concerns more than 200 countries and territories, among them European countries like Greece, Spain and France. The information covers
Employers deny permission to four employees to join Uni entrance exams
Employers have denied permission to four employees, students at the Evening Highschool of Chania, to participate in the general exams for university entrance. The employers did not change the students’ shift in order to facilitate
Ioannina set to elect first Greek-Jewish mayor in country’s post-WWII era
The first Jewish mayor of a municipality in Greece in the post-war period was elected on Sunday, as medical professor Moses Elisaf won a hotly contested race by a razor-thin margin in the northwest lake-side
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
Analysis of world population in 2023: India in first place and age trends
According to the latest UN estimates, the world population in 2023 will be 8.04 billion people. India is the country with the largest population with 1.43 billion, followed by China with 1.42 billion and the
UK election: a new chapter for the country – what Labour will really change
Labour’s historic victory in the UK election was underlined by the exit poll, which showed that Kir Starmers’ party won 410 seats in the House of Commons, while Rissy Shunak’s Conservative Party won 131 seats,
The impending surge of Marine Le Pen in France
Examining the momentum behind Le Pen’s National Rally Marine Le Pen and her National Rally movement have emerged as the leading force in the European elections this year and appear poised to also secure victory
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
