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
Inflation jumps to 4%
Australian inflation jumped to 4% in May, the highest rate this year, from 3.6% in April. The increase was largely driven by volatile items such as fuel, fruit and vegetables, and holiday travel. Excluding these
Shock: She was stopped at the airport for carrying her… heart
A heart transplant patient has revealed how she was stopped by airport security for an hour while carrying her old heart to Australia. Jessica Manning, 30, from New Zealand, underwent a double heart and liver
Australia: Man made $66,000 in a year by selling junk
A 30-year-old man saved a huge amount of money by selling things he found in the rubbish. They say one man’s trash is another man’s treasure, and the following story proves it perfectly. In the
Victorian Government’s $1.2bn school tutoring program fails to deliver results
The Victorian government’s $1.2bn school tutoring program, which started during the pandemic to help students at risk of falling behind to catch up, did not significantly improve the outcomes for those involved, according to the
Peter Dutton’s proposed nuclear power plant sites
Peter Dutton has announced he will go to the next election promising to build seven nuclear power stations. Mr Dutton has promised the first sites can be operational between 2035 and 2037, several years earlier
Victoria’s middle class the “new face” of poverty
A growing number of working families are being added to the queues of economically impoverished Australians relying on food donations during the cost-of-living crisis. Foodbank Australia, whose latest needs assessment shows 3.7 million households struggled
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
Gas Wars in the Mediterranean
The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey’s audacious move has enraged its rivals in the
Asylum seekers to get social security number in Greece in apparent policy U-turn
Five key Greek ministries on Monday decided that the country will re-introduce the practice of granting a social security number to all migrants who have applied for asylum in Greece, something that the current conservative
Greece 2020: Starving child faints after unemployed parents pay taxes
A starving student recently collapsed on the way home and fell to the ground in front of the eyes of stunning passersby. The incident took place in Pyrgos, Western Peloponnese. According to local media, both
Coronavirus: Greece to accelerate recruitment of medical staff in hospitals, labs, entrance gates
Greece has decided to accelerate the recruitment of health personnel as one of the alert measures of the country to deal with possible infections of coronavirus. This was decided at the meeting of the National
Turkey pushes East Mediterranean boundaries
The Erdogan regime’s maritime border agreement with Libya can only serve to ramp up regional tensions Turkey has gone a step further in its East Mediterranean power play, signing a memorandum of understanding (MoU) with
Greece launches 15-year State bond, signalling return to financial normality
Greece’s Public Debt Management Authority announced the launch of a 15-year state bond in a statement released on Monday. The announcement came just 48 hours after the credit rating agency Fitch upgraded the country’s credit
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
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
Deported neo-Nazi protester arrives in South Africa after visa cancellation
A South African national who took part in a widely condemned neo-Nazi demonstration in Sydney has arrived back in Johannesburg after being deported by Australian authorities. Matthew Gruter, 35, was removed from the country following
