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
Cyprus blocks Turkey’s role in Ukraine summit
While Greek Prime Minister Kyriakos Mitsotakis and the entire Greek diplomatic corps are striving to maintain the illusion of “calm waters” with Turkey, a notion that exists only in their imagination. Cyprus blocks Turkey’s role
Greek MEP: 7000 Christians and Alawites massacred in Syria
BREAKING Greek MEP: 7000 Christians and Alawites have been massacred in Syria according to Nikolas Farantouris. He is a member of the European Parliament’s Committee on Security & Defense, who visited Damascus on 8-9 March.
Tempi Tragedy: Plakias’ fury over Mitsotakis’ speech
“I did not bring my children into the world to be sacrificed like Iphigenia.” Tempi Tragedy: Plakias’ fury over Mitsotakis’ speech The speech delivered by Prime Minister Kyriakos Mitsotakis in Parliament during the pre-agenda debate
Tempi Tragedy pushes Mitsotakis towards early elections
Public demand for justice, transparency, and accountability in the Tempi Tragedy pushes Mitsotakis towards early elections. Growing louder, public demand is expected to be voiced so powerfully during the upcoming demonstrations that it will be
Australia joins global outcry for Tempi tragedy anniversary
As Greece and Australia prepare for protests on February 28, marking the second anniversary of the tragic train collision in Tempi that claimed 57 lives. Australia joins global outcry for Tempi tragedy anniversary as mounting
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
US gives green light to AUKUS ahead of Albanese’s visit to Washington
Australia’s largest-ever defence agreement, AUKUS, appears to have successfully passed a US government review, paving the way for its continuation ahead of Prime Minister Anthony Albanese’s visit to Washington next month. The review began in
Plans for a nuclear strike on an asteroid threatening the moon – challenges and prospects
The scientific community is seriously considering the use of a nuclear weapon to intercept asteroid 2024 YR4, which has a significant chance of colliding with the Moon in 2032. Measuring approximately 55 meters in diameter,
Trump Restores Death Penalty in Washington D.C.
Donald Trump signed a presidential memorandum reinstating the death penalty in Washington D.C., a move described by the U.S. administration as a strong preventive measure against serious crimes. Attorney General Pam Bondi stated that the
Clear European warning to Putin: “We are ready to shoot down Russian aircraft”
Tensions on NATO’s eastern borders are escalating as European diplomats delivered a clear warning to Moscow: incursions into alliance airspace will not go unanswered, including the potential downing of Russian aircraft. According to Bloomberg, the
Erdogan: “We will take our share in the Mediterranean – win-win Cooperation with Neighbours”
Turkish President Recep Tayyip Erdoğan, returning from the UN General Assembly in New York, reiterated Ankara’s hardline stance on the Eastern Mediterranean and Cyprus. Speaking to journalists aboard his flight, Erdoğan declared Turkey’s determination to
Trump and Erdogan meet at the White House – “We can make a deal on F-35s, but Erdogan must do something for us first”
U.S. President Donald Trump and Turkish President Recep Tayyip Erdogan held a long-awaited meeting at the White House on Thursday evening, in an atmosphere of cautious optimism. The two leaders met for over two hours,
