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
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
Jewish Centre for Law and Justice weighs landmark legal action over Bondi terror attack
A landmark class action is being considered in the wake of the ISIS-inspired terror attack at Bondi Beach, as the Jewish Centre for Law and Justice (JCLJ) signals its intention to pursue accountability across multiple
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
Unanimous condemnation of Iran’s attack by the EU – International reactions
On October 2, 2024, the international community has called for de-escalation following the launch of hundreds of missiles by Iran targeting Israel. During this tense period, both nations have resumed threats against each other, heightening
Why the world’s biggest powers can’t stop a Middle East war
The United States’ ability to influence events in the Mideast has waned, and other major nations have essentially been onlookers. Over almost a year of war in the Middle East, major powers have proved incapable
What is Diddy accused of? From JLo to 1,000 baby oil bottles and TikTok conspiracy theories
The 54-year-old rapper and music mogul was arrested by federal agents in New York this September, facing charges of trafficking, sexual assault, and rape – “He exploited his connections with celebrities”. Diddy’s arrest is leading
Horror in Malaysia: Over 350 arrests for child sexual Abuse – Raids on Islamic Institutions
The Malaysian police announced on Saturday that a total of 355 individuals have been arrested as part of an investigation into hundreds of incidents of physical and/or sexual abuse of children in shelters and host
Afghanistan: Taliban’s Draconian laws now impacting men too
For the past three years, since the Taliban took control in Afghanistan, women have faced a myriad of restrictions on their individual rights and personal freedoms, starting with their attire. In contrast, men in urban
Lebanon counts its wounds, Israel prepares for new assault – Hundreds dead, thousands injured
Tensions are escalating in Lebanon, as Israel struck targets in the southern part of the country and the Bekaa Valley throughout Monday. At least 480 people have lost their lives. Hezbollah responded with rocket fire.
