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
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
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.
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
Greece ejects Turkey’s objections to updated Maritime Spatial Planning Map
Greece has firmly dismissed Ankara’s latest objections to the updated Greek Maritime Spatial Planning (MSP) map uploaded to the European Commission’s platform, stressing that Turkey’s claims lack any basis in European or international law. In
The Norwegian energy success story and what Greece can learn
As part of my ongoing analysis on NewsBreaks artilce regarding energy policy and national resource management, Michalis Christodoulides examine here how Norway transformed its hydrocarbon reserves into a long-term national advantage — and what lessons
“Medusa 14”: A Greek–Egyptian message of strength and deterrence in the southeastern Mediterranean
The large-scale air–naval exercise “Medusa 14” is in full progress in the wider area of Alexandria, Egypt, from 16 to 26 November. The exercise, which began a decade ago as a bilateral joint-operation initiative between
Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the
“His hand worked like a compressor, it was brutal” – Eyewitnesses describe 29-year-old’s fatal beating of 58-year-old in Neos Kosmos
Eyewitnesses have described extreme violence in the assault that led to the death of a 58-year-old man in Neos Kosmos. The 29-year-old attacker reportedly targeted the man because he had blocked him on the road.
Dendias’ stark message on war casualties alarms Europe
A storm has erupted in recent days over Defence Minister Nikos Dendias’ deeply unsettling comments about a supposed shift in Europe’s “culture of sacrifice”. Dendias’ stark message on war casualties alarms Europe and Greece. 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
Turkish television discusses striking Greece
On Turkey’s pro-government TV channel AHaber, political analysts and national security specialists enthusiastically discussed how the Turkish Air Force could strike Greek islands in the Aegean Sea. Speaking in front of a map of Turkey
European solidarity with Ukraine: Sending generators in a time of crisis
The recent Russian missile and aircraft attack on Ukraine’s energy infrastructure has prompted an extraordinary response from the European Union. In particular, Germany, Austria, Sweden and the Netherlands have agreed to send 157 generators to
ISIS threat to Champions League confirmed as security tightens in Paris, Madrid and London
Concerns are growing as Europe goes on red alert following the threat of terrorist attacks at Champions League matches by Islamic State. France, Spain and Britain have all reacted swiftly to tighten security ahead of
Trump leads Biden in six of the seven most competitive states
Republican leader Donald Trump has a 2 to 8-point lead over incumbent President and Democratic leader Joe Biden in a poll conducted in six key states ahead of the November United States presidential election. According
Earthquake in Taiwan: Fear for those trapped inside tunnel
Rescue teams in Taiwan are racing to free trapped people after the more than seven-magnitude earthquake, the largest in 25 years, shook the country yesterday. Among them were more than 130 people trapped inside buses
Major 7.4 magnitude earthquake in Taiwan: Tsunami warnings
An earthquake measuring 7.4 on the Richter scale struck Taiwan just before 8am (Taipei time). The epicentre of the quake was quite close to the island, prompting emergency tsunami warnings in Taiwan itself and on
