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 passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied
Greeks clap in gratitude to doctors and nurses against the coronavirus
Following the example of Spain, Greeks came out in their balconies at 9:00 p.m. Sunday and clapped in gratitude to doctors and nurses fighting the coronavirus in the country’s hospitals. The call to action was
Greece suspends services in worship places of all religions
Greek Prime Minister Kyriakos Mitsotakis announced late on Monday that services in all areas of religious worship of any religion or dogma are suspended. The conservative leader announced the decision on a tweet just an
Coronavirus Greece: 21 new confirmed cases, total 352
Greece’s health autho-rities announced on Monday 21 new confirmed cases of coronavirus, cases that increase the total number of inflections to 352. 65 patients are hospitalized, 9 of them are intubated hospitals ICU in Athens,
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
Signs of life on TRAPPIST-1e ignite astronomers’ hopes
Astronomers are edging closer than ever to confirming an Earth-like atmosphere on a distant exoplanet. Preliminary data from the James Webb Space Telescope suggest TRAPPIST-1e, one of seven rocky worlds orbiting the ultracool dwarf star
Premier Jacinta Allan secures Chinese tunnelling machines for Melbourne’s $34.5bn Suburban Rail Loop
Victorian Premier Jacinta Allan has sealed a $453 million deal with Chinese industry leaders to supply four massive tunnel boring machines (TBMs) for Melbourne’s Suburban Rail Loop, the state’s most expensive transport project to date.
Gaza faces catastrophe as IDF deadline expires
Gaza teeters on the brink of an unprecedented humanitarian disaster as the Israeli army’s (IDF) 48-hour evacuation deadline expires at noon on Friday, September 19. More than 500,000 Palestinians—many elderly, women, and children—remain trapped inside
NATO backs Turkey’s entry into SAFE, double veto from Cyprus and Greece
The safeguards imposed by the European Union regarding the participation of third countries in the SAFE defence programme act as an obstacle to Turkey’s involvement. NATO backs Turkey’s entry into SAFE, double veto from Cyprus
Giannis Antetokounmpo and Alperen Şengün end feud: “Sport unites us”
A public gesture of unity has ended the brief but heated exchange between Greece’s Giannis Antetokounmpo and Turkey’s Alperen Şengün following EuroBasket 2025. Two days after their semi-final clash—where Turkey defeated Greece comfortably—both stars shared
Tyler Robinson confesses killing Charlie Kirk out of “exhaustion from hate” – Disturbing SMS messages revealed
The murder of Charlie Kirk in Utah has shocked both the local community and the international audience, as Tyler Robinson, charged with first-degree murder, reportedly admitted that he killed Kirk because he was “tired of
