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
Greece and Turkey agree on closer cooperation against organised crime
Greece and Turkey have agreed to significantly strengthen bilateral cooperation in the fight against organised transnational crime, following high-level talks in Istanbul between Greek Minister for Citizen Protection Michalis Chrysochoidis and Turkish Interior Minister Ali
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The
Farmers submit demands to government, reject transfer of OPEKEPE oversight to tax authority
Greek farmers have formally submitted a comprehensive list of demands to the government, placing strong emphasis on their opposition to the transfer of oversight and control of OPEKEPE—the agency responsible for agricultural subsidies—to the Independent
Postal voting for Greeks abroad set to expand to national elections
The government has signalled its intention to extend postal voting to Greek citizens living abroad in national elections, marking a significant institutional reform of the country’s electoral system. The announcement was made by Interior Minister
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
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
Friedrich Merz: “Hamas must implement the Trump plan” – Accuses Russia over drone incidents
German Chancellor Friedrich Merz has urged Hamas to implement Donald Trump’s peace plan for Gaza and immediately release the Israeli hostages, arguing that the militant group has now been defeated militarily. He pledged that Germany,
Greta Thunberg to be deported from Israel alongside 27 Greek activists on Tuesday
Swedish climate activist Greta Thunberg will be deported from Israel on Tuesday, along with 27 Greek activists, according to a report by Ynet. The group was detained after attempting to break Israel’s naval blockade of
Fidan raises the war tone: ‘If Diplomacy Fails, the Military Speaks’ – Ankara’s fear of encirclement in the Eastern Mediterranean
Turkey’s Foreign Minister Hakan Fidan has issued a stark warning, claiming that alliances are forming in the Eastern Mediterranean with the aim of encircling Turkey. In a statement laden with military undertones, Fidan declared that
Ceasefire and hostage talks to begin in Egypt tomorrow
Hamas accepts US peace plan in principle but refuses disarmament — Israel insists on Gaza demilitarisation Indirect negotiations between Israel and Hamas are set to begin tomorrow in Cairo, aiming to achieve a ceasefire in
Trump urges immediate ceasefire as 57 killed in Gaza overnight bombings
At least 57 people were killed overnight in the Gaza Strip following intense Israeli airstrikes, according to the Palestinian Civil Defence, which operates under the Hamas-run administration. The strikes began in the early hours of
Prosecutor’s probe against Israel as “Sumud” flotilla activists testify in Istanbul (Constantinople)
A group of activists who participated in the “Sumud” flotilla — an international convoy that attempted to break Israel’s naval blockade of Gaza — have begun giving testimony before prosecutors in Istanbul (Constantinople), following their
