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
At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall
A central focus of this week’s budget is the treasury’s forecast for inflation. By this time next year, inflation is projected to be back within the Reserve Bank’s 2-3% target range. Inflation has dropped dramatically
Markos Seferlis is gearing up to unleash waves of laughter in Australia!
Ta Nea newspaper and 3XY Rdio Hellas will soon reveal further information regarding Markos Seferlis’s upcoming comedy performances in Melbourne, Sydney, and Adelaide. Renowned Greek comedian Markos Seferlis is scheduled to grace Australian shores this
AMA welcomes sickly sweet sugar tax calls
Australia should introduce a tax on sugary drinks to help combat obesity and diabetes according to the Australian Medical Association, in a call backed by a new report from the Grattan Institute. AMA President Professor
What just happened to Bonza? Why new budget airlines always struggle in Australia
The history of budget jet airlines in Australia is a long road littered with broken dreams. New entrants have consistently struggled to get a foothold. Low-cost carrier Bonza has just become the industry’s latest casualty,
Australia’s universities ranked 4th as a study destination
The high cost of living and tuition fees in Australia led the country to lose the top spot in the university rankings it shared with Canada, while uncertainty over government immigration policy contributed to that
Housing prices at record new highs
House prices across the country have reached new highs, exacerbating the cost-of-living crisis for ordinary Australians. According to PropTrack’s monthly house price index released on Tuesday, national house prices rose by 0.23% in April to
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
Coronavirus: Greece on High Alert at Gates from Italy
Greek authorities have put portals from Italy on high alert. More than 100 people are confirmed to have coronavirus in Italy and in the past two days SIX people have died. Greece is taking emergency mea-sures at
Staramaki: Straws made of wheat, innovation made in Greece
One hundred thousands unique straws made of wheat. The first large quantity of eco-friendly straws, “staramaki” has been produced in the last few days by a Social Cooperative Enterprise (Koinsep) in Kilkis, northern Greece. Producers
Carnival in Naoussa: The unique tradition with ancient Greek roots
Greece is a country where the annual Carnival season is closely linked to its rich and very ancient folklore tradition. Dozens of beloved local festivities take place each late Winter across the entire country. However,
Cypriot student aims at breaking Guinness World Record for solving Rubik’s cube
Michael Eleftheriades is a 17-year old student from Cyprus who aims to break a Guinness World Record for solving the Rubik’s cube while being upside down in the fastest time. Eleftheriades has managed to win
UN to post EEZ maps of Libya, Turkey deal
Athens is bracing for the United Nations’ Division for Ocean Affairs and the Law of the Sea to post the geographical coordinates outlined in the maritime border agreement signed by Turkey and the Tripoli-based government
Thessaloniki’s Diocese ordinates the city’s first Ugandan Deacon
Father George (Georgios) was ordained a Deacon by Thessaloniki’s bishop Anthimos recently, the first Ugandan Deacon in the known history of the city’s Diocese. Father George came from the African state of Uganda and went
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
Libyan military chief killed in Falcon 50 jet crash in Ankara
A private Falcon 50 jet crashed near Ankara on Tuesday evening, killing all five people on board, including Libya’s Chief of the General Staff, General Mohamed Ali Ahmed Al-Haddad. The aircraft had departed from Ankara
Mitsotakis meets Abbas in Ramallah: Greece supports peace in Gaza
Greek Prime Minister Kyriakos Mitsotakis met with Palestinian Authority President Mahmoud Abbas on Monday in Ramallah, ahead of his visit to Jerusalem and participation in the Greece–Cyprus–Israel trilateral summit. Support for the Palestinian Authority and
Trilateral Summit sends clear message to Ankara: “Do not even think of reviving empires”
A strong geopolitical message was sent from Jerusalem on Monday following the completion of the 10th Trilateral Summit between Greece, Cyprus, and Israel, as Prime Minister Benjamin Netanyahu issued a pointed warning to those “who
Israeli Foreign Minister urges Jews to move to Israel amid rising antisemitism in the West
Israeli Foreign Minister Gideon Saar has urged Jews living in Western countries to relocate to Israel, warning that antisemitism is on the rise across Europe, North America and Australia. Speaking on Sunday during a public
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European
Washington concedes strategic defeat in Ukraine
Washington concedes strategic defeat in Ukraine as the era of grand declarations about “imminent victory” and the unwavering defence of democracy appears to be drawing to a close. The curtain has been pulled back —
