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
The Karystianou political bet and the opposition’s uneasy response
Greece’s opposition landscape appears to be entering a period of significant recalibration, as the prospect of a new political party led by Maria Karystianou sends tremors across the political spectrum. Figures and parties that only
Mitsotakis from Brussels: Transatlantic ties tested, but signs of cautious stabilisation
Greek Prime Minister Kyriakos Mitsotakis acknowledged that relations between Europe and the United States have gone through a turbulent period, while stressing that recent developments point to a modest improvement, following the conclusion of the
Attica submerged by severe weather: Where the heaviest rainfall fell
Attica was effectively “swamped” by extreme weather, with vast areas left underwater after rainfall levels exceeded all previous records. Residents were forced to dig their cars out of mud and debris carried by flash floods.
Targeting Maria Karystianou: How an independent voice became a threat
A wave of political vilification in full motion “Targeting Maria Karystianou at all costs,” on orders of the ‘centre of power’. Targeting Maria Karystianou: How an independent voice became a threat. Over the past few
IDF: Israel to share F-35 experience with Greece, citing Greek mastery at sea
Significant development – IDF spokesperson: “We will share with Greece what we have learned about the F-35s. The Greeks know how to prevail at sea” IDF: Israel to share F-35 experience with Greece, citing Greek
Stefanos Kasselakis: many gay politicians hide their identity in parliament and government
Stefanos Kasselakis, leader of the Democratic Movement, recently spoke in an interview with Crete TV, highlighting what he described as a significant issue in Greek politics: many gay individuals in Parliament and the government conceal
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
Japan urges Albanese at ASEAN to lead regional push against China
Japan’s first female Prime Minister, Sanae Takaichi, has called on Anthony Albanese to “spearhead efforts” for a free and open Indo-Pacific, urging closer Japan–Australia leadership in response to China’s growing assertiveness in the region. During
Independent pro-Palestinian MP Catherine Connolly elected new President of Ireland
Ireland has elected a new head of state — independent left-wing MP Catherine Connolly — marking a historic political shift in the country. Connolly won Friday’s presidential election with an overwhelming 63.4% of the vote,
Eurofighter deal with Turkey nears completion – Airbus CEO confirms final negotiations underway
According to a Deutsche Welle report, the long-anticipated agreement for the sale of Eurofighter Typhoon combat aircraft to Turkey is now approaching its final stage. Airbus Defence and Space CEO Michael Schöllhorn revealed in an
Seven UN staff arrested by Yemen’s Houthis over alleged espionage for Israel
Seven Yemeni employees of the United Nations were arrested in the Houthi-controlled capital, Sanaa, accused of spying for Israel, according to reports by the French news agency AFP. The arrests took place between Thursday night
Europe tightens pressure on Moscow: New sanctions, mirage jets for Ukraine, and Trump weighs tomahawk missiles
In a decisive show of transatlantic coordination, the “Coalition of the Willing” has agreed on tougher measures against Russia while accelerating military aid to Ukraine. The summit, held in London and attended by 33 world
Russia will unleash a devastating response to any US missile strike
Russian President Vladimir Putin has issued his starkest warning yet to Washington, vowing a “serious and devastating” response if any US Tomahawk missiles were to strike Russian territory — a threat that comes as Moscow
