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
Mitsotakis: Any attempt to change the status quo in Greenland would be catastrophic
Prime Minister Kyriakos Mitsotakis issued a clear and stern warning on geopolitical stability in Northern Europe and the role of NATO, cautioning that any attempt to alter the status quo in Greenland would be catastrophic,
Greece signals extension of territorial waters as foreign minister asserts strategic strength
Greece is laying the groundwork for a future extension of its territorial waters, with Foreign Minister Giorgos Gerapetritis signalling that such a move will come “in due course,” just as Greece has already proceeded with
History responds: 145,000 Greeks fill the cinemas
In just four days, 145,000 tickets were sold in Greek cinemas — an achievement that goes well beyond commercial success and firmly into the realm of a cultural moment. History responds: 145,000 Greeks fill the
Greek rapper Negros Tou Moria cracks Guardian’s top two Global Albums of 2025
Greek rapper Negros Tou Moria has emerged as one of the standout figures in global music this year, with his latest album Mavri Ellada ranked No. 2 on The Guardian’s Best Global Albums of 2025
Holiday traffic normalizes after Tuesday’s gridlock
After yesterday’s disruptions, traffic on the Athens–Lamia and Athens–Corinth highways is expected to return to normal today, Wednesday, as farmers and traffic police coordinated to improve vehicle flow ahead of Christmas. On Tuesday, drivers faced
Mitsotakis meets Abbas in Ramallah: Greece supports peace in Gaza
Greek Prime Minister Kyriakos Mitsotakis met with Palestinian Authority President Mahmoud Abbas on Monday in Ramallah, ahead of his visit to Jerusalem and participation in the Greece–Cyprus–Israel trilateral summit. Support for the Palestinian Authority and
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
Gerapetritis: “The Western Balkans must accelerate their path toward the European family”
Greek Foreign Minister Giorgos Gerapetritis called for the acceleration of the Western Balkans’ European integration during the Berlin Process Summit held in London, emphasizing that “the only sure path to peace and prosperity in the
Turkey backs ICJ opinion on Gaza, calls Israel’s actions illegal
Turkey’s Ministry of Foreign Affairs has welcomed the advisory opinion issued by the International Court of Justice (ICJ), which highlights Israel’s obligations under international law to facilitate the delivery of humanitarian aid to Gaza. In
New U.S. plan for Gaza: division into Israeli and Hamas-controlled zones until full disarmament
The United States has reportedly proposed a new post-war plan for Gaza, aiming to restore stability and remove Hamas from power, according to The Wall Street Journal. Under the proposal, Gaza would be divided into
Trump denies “green light” for Ukraine missile strikes inside Russia
U.S. President Donald Trump has dismissed as “fake news” a Wall Street Journal report claiming that his administration had authorized Ukraine to use long-range missiles to strike targets deep inside Russian territory. The report, citing
Violent Dublin protests erupt after alleged rape of 10-year-old girl by asylum seeker
Violence erupted in Dublin overnight as a protest over the alleged rape of a 10-year-old Irish girl by an asylum seeker turned into a major confrontation with police. According to Irish authorities, six people were
Albanese defends ‘magnificent’ Kevin Rudd after tense encounter with Donald Trump
Prime Minister Anthony Albanese has offered his full backing to Australia’s ambassador to the United States, Kevin Rudd, following a tense but ultimately productive meeting between the former Australian prime minister and Donald Trump in
