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
Australia tops global rankings for Workplace Violence and Harassment: A crisis in need of urgent reform
Australia has emerged as the global leader in workplace violence and harassment, with nearly half of the nation’s workforce experiencing abuse at some point in their careers. This rate is more than double the global
Long COVID costs Australian economy $10 billion in one year
New research has unveiled that long COVID inflicted a staggering $10 billion hit on the Australian economy within just a single year. The study, published in ‘The Medical Journal of Australia’, underscores the urgent need
Bendigo Bank warns of social media scams this Scams Awareness Week
Bendigo Bank is issuing a warning to its 2.5 million customers to stay vigilant and not fall for social media scams ahead of Scams Awareness Week 2024, starting Monday 26 August. Bendigo Bank’s Head of
Paul Keating claims Australia is caving to U.S. demands over AUKUS
Former Australian Prime Minister Paul Keating criticized the Albanese government for yielding to U.S. influence in the trilateral Australia-UK-U.S. (AUKUS) nuclear submarine pact, according to a report by the Australian Broadcasting Corporation (ABC) on Saturday.
Victoria to restrict “silencing of victims” in workplace sexual harassment cases
Victoria is set to implement ground-breaking restrictions on the use of non-disclosure agreements (NDAs) in cases of workplace sexual harassment. Announced by the Allan government on Monday, this initiative represents a significant step toward addressing
Melbourne: Australia’s most expensive city for travel
Melbourne has become the most expensive city in Australia for transportation, with average annual costs for households reaching $29,546. This surge is driven by rising insurance and fuel prices, straining family budgets. The Australian Automobile
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
The Karystianou political bet and the opposition’s uneasy response
Greece’s opposition landscape appears to be entering a period of significant recalibration, as the prospect of a new political party led by Maria Karystianou sends tremors across the political spectrum. Figures and parties that only
Mitsotakis from Brussels: Transatlantic ties tested, but signs of cautious stabilisation
Greek Prime Minister Kyriakos Mitsotakis acknowledged that relations between Europe and the United States have gone through a turbulent period, while stressing that recent developments point to a modest improvement, following the conclusion of the
Attica submerged by severe weather: Where the heaviest rainfall fell
Attica was effectively “swamped” by extreme weather, with vast areas left underwater after rainfall levels exceeded all previous records. Residents were forced to dig their cars out of mud and debris carried by flash floods.
Targeting Maria Karystianou: How an independent voice became a threat
A wave of political vilification in full motion “Targeting Maria Karystianou at all costs,” on orders of the ‘centre of power’. Targeting Maria Karystianou: How an independent voice became a threat. Over the past few
IDF: Israel to share F-35 experience with Greece, citing Greek mastery at sea
Significant development – IDF spokesperson: “We will share with Greece what we have learned about the F-35s. The Greeks know how to prevail at sea” IDF: Israel to share F-35 experience with Greece, citing Greek
Stefanos Kasselakis: many gay politicians hide their identity in parliament and government
Stefanos Kasselakis, leader of the Democratic Movement, recently spoke in an interview with Crete TV, highlighting what he described as a significant issue in Greek politics: many gay individuals in Parliament and the government conceal
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
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
