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
Airports brace for busiest day of the year as Easter travel kicks off
Hundreds of thousands of people are expected to jam airport queues and crowd roads today ahead of the long Easter weekend. More than 200,000 people are expected to pass through Sydney and Melbourne airports in
Sally Capp to step down as Lord Mayor of Melbourne
Sally Capp has announced she will step down as Lord Mayor of Melbourne after six years in the role. Capp, who was elected in 2018, announced this morning “with mixed emotions” that she would not
Melbourne and Sydney record surge in population
Both Melbourne and Sydney have seen a surge in population growth, according to new data from the Australian Bureau of Statistics (ABS). The biggest increase was seen in Melbourne, which jumped by 167,500 people in
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
Easter trading hours 2024: What major stores will be opened on Good Friday and Easter Saturday, Sunday and Monday?
Easter is upon us again and that means a whole heap of confusion with stores across the country either open, shut or operating at different hours. To make things easier for you around the busy
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
Farmers begin airport blockades: “This is a warning – we are not backing down”
Greek farmers are escalating their nationwide mobilisations, warning the government that symbolic road and border blockades are only the beginning. Speaking to journalists, representatives from agricultural unions insist they “will not retreat unless justice is
Pavlos Kontogiannidis launches fierce attack on Alexis Tsipras over new party plans
Greek actor and former MP Pavlos Kontogiannidis has issued an unusually harsh public critique of former prime minister Alexis Tsipras, accusing him of hypocrisy, political opportunism and an attempt to launch a new political party
First Greek defence and security micro-satellites successfully launched
Greece has officially entered the space age with the launch of its first Greek micro-satellites for Defence and Security on 28 November, from the Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in
Tsipras announces plans for a new “progressive party” focused on self-organization
Former Prime Minister Alexis Tsipras announced plans for the creation of a new political movement aimed at reorganizing the progressive space in Greece, during a high-profile event at the Pallas theater. Speaking in front of
Farmers stage roadblocks across Macedonia ahead of major protests
Farmers and livestock breeders in Macedonia and Thrace are preparing major roadblocks, with key sites targeted in Thessaloniki, Halkidiki, and the Evros region. On Friday (December 5), farmers from Epanomi, Trilofos, Vasilika, Halkidiki, Galatista, and
Chatzidakis: With a fairer system, the country will not lose a single euro in agricultural subsidies
Greek Deputy Prime Minister Kostis Chatzidakis provided detailed information on the government’s agricultural subsidy plan, following recent announcements. Speaking to Alpha TV, he said that Greek farmers will receive a total of €3.7 billion this
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
Game over for oil… The economy is next
It’s game-over for most of the U.S. oil industry and the repurcussions are global Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That
The coming Greater Depression of the 2020s
While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of
Turkey: Pressures, Attacks, and Discrimination against Christians
When Protestants introduce themselves to the authorities as a church, they receive warnings that they are not legal and may be closed down. In 2019, however, many members of the foreign clergy, as well as
Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads
ROME (All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life. Police officers
Are Turkish Cypriots Done with Ankara?
For the Turks, Turkey is the homeland and Cyprus is the “baby homeland.” In January 2018, several thousand Turkish Cypriots marched against what they said was Turkey’s unwanted influence that has emboldened hard-right groups to
Coronavirus Panic Goes Global: S.Korea Warns of “Watershed Moment”
78,000 cases confirmed, as Italy and Iran scramble to contain major outbreaks. The world is fast approaching a tipping point in the spread of the coronavirus, according to experts, who warn that the disease is
