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
Nicolás Maduro has been declared the winner of Venezuela’s presidential election
The US fervently desired to overthrow his government. Even Elon Musk tweeted his support to the opposition 1. Oil Factor. It is true that Venezuela has the world’s largest oil reserves and the US has
Erdogan issues open threat to invade Israel
Turkish President Recep Tayyip Erdogan has intensified his rhetoric against Israel. Erdogan issues open threat to invade Israel suggesting Turkey will intervene militarily on behalf of the Palestinians, as it has done in other conflicts.
Joe Biden: Personal ambition cannot get in the way of saving democracy
In a televised address in the early hours of Thursday morning (25/7), US President Joe Biden explained to Americans his reasons for dropping out of the campaign for re-election to the presidency in November. He
New Zealand: 200,000 children and adults abused in public and religious care facilities
Around 200,000 children, young people and vulnerable adults in New Zealand have suffered abuse or violence in public and religious care settings over the past 70 years, according to official research published on Wednesday (24/7).
The world’s most powerful passports for 2024 so far
What’s red on the outside, purple on the inside, and grants you access to 195 destinations around the world visa-free? It’s the Singapore passport, and it’s just been named the world’s most powerful travel document
The head of the secret services resigned over Trump’s failed assassination attempt
On Tuesday, July 23, Kimberly Chitle announced her resignation as head of the Secret Service, admitting mistakes in operations on the day of Donald Trump’s assassination attempt by shooting during a speech. “We failed,” Chitle
