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
PM Mitsotakis reveals his policy program with tax reliefs
Greek Prime Minister, Kyriakos Mitsotakis, presented his multi-faceted agenda of measures regarding tax reliefs, labor regulations, less bureaucracy through digitization and investment. During his speech at Thessaloniki International Fair, the Prime Minister stressed that his
Study finds that Greeks drink much less alcohol than most other Europeans
According to a recent study conducted by the World Health Organization (WHO), the Greeks drink less alcohol than the average European. More specifically, the WHO study includes findings from thirty different European countries (the 28
Family of American who died in Greece “saves” 8 people by donating his organs
The family of a 30-year old American citizen who died in Greece recently, decided to donate his organs, saving the lives of eight different people. The unfortunate man was spending his summer holidays on Greece’s
Migrants arriving from Turkey, sleep on the streets on Greece’s Symi
The problem of the increasing migrant flows from Turkey to European shores was recently highlighted by the local authorities of the island of Symi. Symi is a small, picturesque island in the Dodecanese archipelago, that
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis
A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on Saturday, with a top defense
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 —
