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
Greek F-16 Viper fly over Cyprus for 65th independence anniversary
Greece marked the 65th anniversary of the independence of the Republic of Cyprus with a dramatic display, sending two F-16 Viper fighter jets of the Hellenic Air Force to fly over Nicosia during the military
Internal strife in SYRIZA over defense spending and the 4th Behlarra Frigate
Tensions have emerged within SYRIZA and between SYRIZA and New Left as the government’s defense program, particularly the fourth FDI Behlarra frigate, is discussed in Parliament today. Although SYRIZA’s parliamentary leadership decided to vote in
Government closes fronts – price cuts and stable electricity rates
The government is attempting to close open political fronts in order to promote a positive agenda that could provide both political and polling relief. In this context, Giorgos Mylonakis, in a letter to the head
Copenhagen: Greece emphasizes protection of Europe’s southern borders amid Russian threats
The informal EU Summit in Copenhagen, hosted by Danish Prime Minister Mette Frederiksen and chaired by European Council President António Costa, focused on strengthening European defense and supporting Ukraine in the face of ongoing Russian
Major reforms announced in Cabinet meeting: Tax cuts, defence overhaul, and legal migration policy
Key reforms were presented at yesterday’s Cabinet meeting chaired by Prime Minister Kyriakos Mitsotakis, focusing on three main areas: taxation, defence, and migration. Finance Minister Kyriakos Pierrakakis introduced a comprehensive tax reform bill titled “Tax
How Athens views Erdoğan’s visit to the White House – Turkey’s F-35 prospects
The recent meeting between Turkish President Recep Tayyip Erdoğan and U.S. President Donald Trump at the White House, marking the first top-level contact in six years, signifies a new phase in U.S.-Turkey relations. Despite the
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
Allegations of mass beheadings of Greek Cypriots prompt fresh investigation
A harrowing testimony alleging a massacre of Greek Cypriots in 1963 has come to light. The Allegations of mass beheadings in Cyprus prompt fresh investigation as tan eye witness claims that around 80 Greek Cypriots
Why the EU drifted into irrelevance and how anti-democratic governance accelerated the decline
The European Union’s slide into geopolitical and economic irrelevance has nothing to do with Donald Trump. Here’s Why the EU drifted into irrelevance and how anti-democratic governance accelerated the decline. It is structural, self-inflicted, and
From Somaliland to Cyprus: Why occupation is not self-rule
Jerusalem’s decision reflects a principle, not an exception. Somaliland was sovereign before union and has governed itself since that union collapsed. The analogies invoked against its recognition fail on both law and fact. From Somaliland
Bittersweet Christmas in Bethlehem as the city celebrates for the first time in two years
Bethlehem, the birthplace of Jesus, marked a deeply symbolic and emotionally charged Christmas on Thursday, celebrating the holy season for the first time in two years amid a backdrop of conflict, loss and fragile hope.
Australian father stranded in Iraq issues urgent Christmas plea amid legal limbo
An Australian father, Dr. Robert Pether, who spent more than four years in an Iraqi prison under what he calls “bogus charges,” has issued a desperate Christmas plea, urging Australians to push the government to
British man accused of drugging and raping wife over 13 years alongside five accomplices
A 49-year-old British man has been charged with systematically drugging and raping his former wife over more than a decade, alongside five other men, according to Wiltshire Police. The six men face over 60 charges
