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
Parthenon Marbles: Tough words by the Greek President to British Museum
Tough words by the Greek President, Prokopis Pavlopoulos, towards the British Museum on the thorny issue of the Parthenon Marbles. “The British Museum’s obsession is tantamount to supporting Elgin’s cultural grave robbing and theft. And,
Police cracks down gang bringing weapons, ammunition from Albania to Crete
Greek police as cracked down a criminal gang that was bringing Kalasnikov weapons and ammunition from Albania to the island of Crete. A big scale operation conducted by the Police Departments of Chania, Crete, and
Large percentage of Greek High School students graduate lacking essential life skills
Many Greek high schools students graduate practically illiterate in regards to basic life skills, much less skills that would place them in the job market, according to a new report by the Authority for Quality Assurance
Tsipras: “We made mistakes but we took the country forwards”
“We are still here, after four-and-a-half years of struggle, the struggle to keep Greece standing upright,” is how main opposition party SYRIZA leader Alexis Tsipras started his speech at the 84th Thessaloniki International Fair on
Colossal Amphipolis monument to open possibly by 2021
Greece’s Minister of Culture and Sports Lina Mendoni visited on Friday the monument of Casta in ancient Amphipolis, near the city of Serres in Central Macedonia, Greece. After her visit, Mendoni described it as “a
Greece and Cyprus record EU’s largest quarterly employment increase
According to the latest data collected by Eurostat, the nations of Cyprus and Greece recorded the largest increase in employment in the entirety of the EU during the second quarter of 2019. More specifically, Cyprus recorded
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
