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 strengthens its defence cooperation with the USA and Canada
Australia and Canada have pledged to enhance their defence collaboration while condemning China’s assertive claims over contested waters in the Indo-Pacific region. Defence Minister Richard Marles, addressing reporters from Vancouver, emphasised the need for closer
Legionnaires’ disease outbreak in Melbourne has climbed to 100 cases
The number of cases in a Legionnaires’ disease outbreak in Melbourne has climbed to 100, as authorities try to prevent the disease from spreading further. Two elderly people have died from the condition since the
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
Life-changing cancer-treatment jab added to PBS
Australians fighting lung and liver cancer will soon be able to access a life-saving cancer treatment through a simple, seven minute injection. The nation’s first immunotherapy cancer jab, Tecentriq, is being added to the Pharmaceutical
Jess Fox and Eddie Ockenden named Australia’s flag bearers for Paris 2024 Olympics
Jess Fox and Eddie Ockenden have been announced as Australia’s flag bearers for the Paris 2024 Olympics. Chef de Mission Anna Meares bestowed the honor upon Fox, a canoe/kayak athlete, and Ockenden, a hockey player.
Aboriginal and Torres Strait Islander population in Australia surpasses 1 Million – Projected to reach 1.2 Million by 2031
The Aboriginal and Torres Strait Islander population in Australia has exceeded one million, according to recent estimates from the Australian Bureau of Statistics (ABS). This marks an increase of 56,300 individuals since June 2021. These
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 Strategic Implications of the Greek Oxi
The first aggression in 20th-century history perpetrated by a fascist state was carried out against Greece, 12 years before the Italian conquest of Ethiopia, and 16 years before the German invasion of Poland. In August
Greek Holy Synod recognises Orthodox Church of Ukraine
The Church of Greece decided on Saturday to recognize the autocephalous Orthodox Church of Ukraine (OCU), making it the first of the Eastern Orthodox churches to take such a step. Formal recognition will take place
Thousands gather for Greek Pontic celebration in Thessaloniki
More than 2,500 dancers participated in a celebration of Greek Pontic culture held on Saturday in Thessaloniki. The event was organized by the Panpontian Federation of Greece to honor the hundreds of thousands of victims
Greek President warns Europe of Turkey’s “Dangerous Imperial Fantasies”
President of the Hellenic Republic Prokopis Pavlopoulos said on Sunday that Turkey’s military operations in northern Syria constitute “dangerous imperial fantasies” and warned that the EU will not tolerate violations of international law. Speaking at
Athens marks liberation from the Nazis with ceremony on the Acropolis
In a ceremony marking the 75th anniversary since Athens was liberated from German occupation on October 12, 1944, the Greek flag was raised on the Acropolis on Saturday. The event was addressed by the government’s
Archives, possible throne room discovered in ancient Palace on Crete
The Greek Ministry of Culture announced on Thursday that a new storage room for valuables in Zominthos Palace, on the plateau of Mount Psiloritis on Crete, was discovered at the sprawling site during this year’s excavation season.
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
Japan did not invite Israel to the U.S. nuclear bombing commemoration
The mayor of Nagasaki, not only dismissed the invitation of the ambassador of Israel but invited the ambassador of Palestine instead. The well-known professional democrats from the G7 and EU threatened him and in the
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
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?
