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
Farmers begin airport blockades: “This is a warning – we are not backing down”
Greek farmers are escalating their nationwide mobilisations, warning the government that symbolic road and border blockades are only the beginning. Speaking to journalists, representatives from agricultural unions insist they “will not retreat unless justice is
Pavlos Kontogiannidis launches fierce attack on Alexis Tsipras over new party plans
Greek actor and former MP Pavlos Kontogiannidis has issued an unusually harsh public critique of former prime minister Alexis Tsipras, accusing him of hypocrisy, political opportunism and an attempt to launch a new political party
First Greek defence and security micro-satellites successfully launched
Greece has officially entered the space age with the launch of its first Greek micro-satellites for Defence and Security on 28 November, from the Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in
Tsipras announces plans for a new “progressive party” focused on self-organization
Former Prime Minister Alexis Tsipras announced plans for the creation of a new political movement aimed at reorganizing the progressive space in Greece, during a high-profile event at the Pallas theater. Speaking in front of
Farmers stage roadblocks across Macedonia ahead of major protests
Farmers and livestock breeders in Macedonia and Thrace are preparing major roadblocks, with key sites targeted in Thessaloniki, Halkidiki, and the Evros region. On Friday (December 5), farmers from Epanomi, Trilofos, Vasilika, Halkidiki, Galatista, and
Chatzidakis: With a fairer system, the country will not lose a single euro in agricultural subsidies
Greek Deputy Prime Minister Kostis Chatzidakis provided detailed information on the government’s agricultural subsidy plan, following recent announcements. Speaking to Alpha TV, he said that Greek farmers will receive a total of €3.7 billion this
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–Erdogan meeting in New York likely to be cancelled – “Extremely difficult,” Greek government sources say
The scheduled meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan in New York appears to be heading toward cancellation. According to a senior government source, holding the meeting now seems
Trump “fires shots” at UN and EU: Tough stance on Putin and fierce criticism on migration and climate
In a speech that caused a stir, Donald Trump fully exploited the podium of the UN General Assembly in New York, turning his address into political theatre. For nearly an hour, the American president attacked
Australia, UK and Canada recognise Palestinian statehood in historic shift – Netanyahu furious
Australia has taken a historic step, joining Britain and Canada in formally recognising an independent and sovereign Palestinian state. The move, announced late Sunday (Sept 22), marks a major break from decades of Western policy
Bombings, demolitions, and displacements: Gaza hit relentlessly by Israel
The situation in the Gaza Strip is worsening dramatically as Israel continues intense airstrikes and ground operations, triggering a massive humanitarian crisis. Dozens of Palestinians are being killed daily, while hundreds of thousands are being
Australia to recognise Palestine: Albanese calls for peace and security
Prime Minister Anthony Albanese has confirmed Australia will formally recognise a Palestinian state during this week’s United Nations General Assembly in New York, joining the UK, Canada and several European nations in a move he
New Russian provocation in the Baltic – Trump warns of “big problems” as NATO remains on full alert
A new violation of Estonian airspace by three Russian MiG fighter jets has triggered a major diplomatic crisis and heightened tensions across the Baltic region. According to Estonia’s foreign ministry, the jets entered Estonian airspace
