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 gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
PM Mitsotakis: By 2023 Greeks living abroad will be able to vote per post
“By 2023 you will finally be able to vote from your permanent place of residence,” Prime Minister, Kyriakos Mitsotakis, told the Greek-American community of Astoria during his visit to New York. One of the key
Gold mask, bronze helmets uncovered at ancient cemetery of Macedonian warriors
Archaeologists in northern Greece have uncovered a gold mask and bronze helmets from a vast ancient cemetery at Ahlada, near the town of Florina. In a statement Friday, the Culture Ministry said the most impressive
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
