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
Prime Minister heckled and escorted away from Bondi vigil one week after terror attack
Prime Minister Anthony Albanese was escorted away from a candlelight vigil at Bondi Beach under heavy police protection on Sunday night, after sections of the crowd heckled and shouted abuse as he attended a memorial
Prime Minister orders intelligence and policing review after Bondi terror attack
Prime Minister Anthony Albanese has ordered a comprehensive review of Australia’s federal intelligence and law enforcement agencies, one week after the deadly terrorist attack at Bondi Beach that claimed 15 lives. Following a meeting of
Australia’s productivity collapses to zero amid weak investment and population surge
Australia’s labour productivity has effectively stalled, with new analysis showing growth has collapsed to zero, placing the country near the bottom of advanced economies since the COVID-19 pandemic. According to an OECD assessment cited in
Breast cancer drug set to be added to pbs, saving patients thousands each month
Patients living with an aggressive form of breast cancer could soon save thousands of dollars every month, with the federal government preparing to cover the cost of a crucial life-extending medication through the Pharmaceutical Benefits
‘Endangering our security’: Frydenberg lashes Wong and Burke after Bondi terror attack
Former federal treasurer Josh Frydenberg has launched a blistering attack on the Albanese government’s response to hate speech and extremism, accusing senior ministers Penny Wong and Tony Burke of failing to protect Jewish Australians in
Australia announces National Gun Buyback Scheme amid ongoing response to Bondi beach terror attack
The Australian government has announced its most significant national gun buyback scheme in decades, in the wake of the deadly terror attack at Sydney’s Bondi Beach that claimed the lives of 15 people, including a
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
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
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
Trump issues ultimatum to Hamas: “Accept the deal or face the consequences”
U.S. President Donald Trump issued a “final warning” to Hamas on Sunday night, urging the group to accept a proposed deal that would secure the release of all hostages held in the Gaza Strip. In
Trump Renames the Department of Defense to Department of War
Donald Trump is expected to sign an executive order today renaming the Department of Defense as the Department of War, as he recently promised, the White House announced Thursday. The Republican U.S. president’s order aims to “restore
Backlash over Daniel Andrews attending Beijing’s military parade
Former Victorian premier Daniel Andrews has sparked controversy in Australia after being warmly greeted by Chinese President Xi Jinping at Beijing’s massive military parade marking 80 years since the end of World War II. The
“Coalition of the Willing” to meet on Ukraine in Paris Thursday – Zelensky to attend
Paris will once again be at the center of global diplomacy this week as the “Coalition of the Willing”—a group of nations providing political, military, and financial support to Ukraine—convenes on Thursday, September 4 at
Putin in Beijing – To attend major military parade
Russian President Vladimir Putin has arrived in Beijing following his participation in the Shanghai Cooperation Organization summit in Tianjin, according to Russian news agencies. Putin was received by Chinese President Xi Jinping and is scheduled
IDF: Israel’s “Chariots of Gideon” Operation Against Hamas Failed
An internal evaluation accuses the army of acting “contrary to its own military doctrine,” by providing the enemy with humanitarian aid, failing to impose time pressure, mismanaging resources, and ultimately exhausting its own forces while
