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
Australia and Papua New Guinea fail to finalise defence treaty, sign communique instead
A long-anticipated defence treaty between Australia and Papua New Guinea failed to cross the finish line today, with both nations instead signing a communique in place of the formal agreement. The setback is seen as
Tyler Robinson Charged with Charlie Kirk’s Murder – Could Face Death Penalty
Tyler Robinson, 22, has been formally charged in Utah with the premeditated murder of conservative activist Charlie Kirk, a killing prosecutors have called an “American tragedy.” At a press conference, Utah County District Attorney Jeff
Guterres: “I am determined to restart talks on the Cyprus issue”
United Nations Secretary-General António Guterres stated he is determined to act toward the resumption of talks on the Cyprus issue. Responding to a related question during a press briefing, he said: “I am not pessimistic,
Trump in Britain – “Prince” Charles gaffe, clash with Australian journalist, and hint of meeting with Albanese
Late Tuesday night, U.S. President Donald Trump and First Lady Melania landed in London to begin their official visit to the United Kingdom. They were greeted by U.S. Chief of Protocol Monica Crowley and Viscount
Israeli tanks in Gaza: Ground operation begins to capture the city
The Israeli army launched a ground operation to seize Gaza at midnight Monday (Tuesday morning, Australian time), with tanks reported in the heart of the city.According to the Jerusalem Post, tanks of the Israel Defense
Premier Jacinta Allan considers Chinese investment to fund Suburban Rail Loop
Victorian Premier Jacinta Allan has left the door open to Chinese investment to help finance the state’s massive Suburban Rail Loop (SRL) project during her ongoing trip to China. On Tuesday, the second day of
