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 father stranded in Iraq issues urgent Christmas plea amid legal limbo
An Australian father, Dr. Robert Pether, who spent more than four years in an Iraqi prison under what he calls “bogus charges,” has issued a desperate Christmas plea, urging Australians to push the government to
Melbourne teens being recruited ‘Airtasker-style’ to commit violent crimes
Melbourne is facing a growing youth crime crisis, with teenagers being groomed by criminal networks to carry out violent acts in public. Some are promised payment for car hijackings, motor vehicle theft, and jewellery robberies,
Former liberal MP Dr Katie Allen dies aged 59
Former federal Liberal MP Dr Katie Allen has died at the age of 59, only months after publicly revealing she was battling a rare and aggressive form of cancer. Dr Allen represented the Melbourne seat
Sussan Ley: “Stand with those who are hurting” this Christmas
Opposition Leader Sussan Ley has used her first Christmas message in the role to deliver a unifying appeal to Australians, urging the nation to stand together in the wake of the devastating Bondi Beach terror
Albanese faces mounting pressure to call a federal royal commission into the Bondi massacre
Prime Minister Anthony Albanese is facing mounting political pressure over his refusal to establish a federal royal commission into the Bondi massacre, as public concern intensifies over the government’s handling of anti-Semitism in Australia. A
Melbourne teens being recruited ‘Airtasker-style’ to commit violent crimes
Melbourne is facing a growing youth crime crisis, with teenagers being groomed by criminal networks to carry out violent acts in public. Some are promised payment for car hijackings, motor vehicle theft, and jewellery robberies,
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
Unaccompanied teen migrant accused of fatally stabbing compatriot at Lesvos ‘hotspot’
A minor from Afghanistan, reported as being roughly 15-years-old, was arrested at a “hotspot” on the eastern Aegean island of Lesvos (Mytilene) overnight after he allegedly fatally stabbed a compatriot, also identified as a teenager.
First corporate-business tax cut ‘fixed’, according to Greek PM Mitsotakis
Another highlight from Greek PM Kyriakos Mitsotakis’ wide-ranging interview to “Le Figaro” this week was an announcement that the first reduction in the corporate tax rate, from 28 to 24 percent, for 2019 profits has
Fotis Kontoglou
In 330 AD the Roman Emperor Constantine the Great, also known as Constantine I, moved the seat of the Roman Empire to Constantinople, a city known previously as Byzantium, strategically located on main trade route
Greek gov’t to end flight delays with urgent measures
The Greek government has issued several urgent measures in an attempt to reduce a growing problem in Greece. On the surface, all is well as the country’s tourism sector continues to grow. According to the
Two Greek beaches on another global ‘Top 50 list’
Two Greek beaches are included in the “Top 50” issued by the Big 7 Travel website, namely, Elafonissos on Crete, where rare and protected “pink sands” are found, and jet-setting Mykonos’ more secluded Psarou. The
“Apodixi please”: Greece’s campaign to inform tourists about tax evasion
The Greek authorities launched recently the campaign dubbed ”Apodixi, Please”, meaning ”Receipt, Please”, in order to inform tourists on how to ask for a receipt from business owners, in order to reduce tax evasion in
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
US enters shutdown for first time since 2018: what it means and who is affected
The United States officially entered a government shutdown at midnight on Tuesday (2 p.m. Wednesday Melbourne time), after Republicans and Democrats failed to reach an agreement on federal spending. The shutdown is expected to place
China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the
Tragedy in the Philippines: At least 26 dead after 6.9-magnitude earthquake – Buildings collapse, dramatic footage emerges
A devastating 6.9-magnitude earthquake struck Cebu Island in the Philippines, leaving at least 26 people dead and 147 injured, according to local media. The quake, which hit late Tuesday night, caused widespread destruction, triggering landslides,
Countdown for Hamas: Trump’s ultimatum and pressure from Qatar, Egypt, and Turkey to accept Gaza Peace Plan
Global attention has turned once again to Gaza, as U.S. President Donald Trump unveiled a comprehensive 20-page peace plan aimed at halting the bloodshed — accompanied by a stern ultimatum. According to Axios and iefimerida.gr,
Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime
US gives green light to AUKUS ahead of Albanese’s visit to Washington
Australia’s largest-ever defence agreement, AUKUS, appears to have successfully passed a US government review, paving the way for its continuation ahead of Prime Minister Anthony Albanese’s visit to Washington next month. The review began in
