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
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
Greece issues damning statement following Turkey’s disrespectful remarks on Pontian Genocide
The Greek Foreign Ministry issued a damning response on Sunday morning to the Turkish slander published on Saturday evening regarding a conference about the Pontian Genocide, where Greece’s PM was present giving a speech. The
Greek PM from Pontian Genocide Conference: “Greece has always overcome the storms of History”
The Pontian Genocide was a tragic chapter in the history of modern Greece, and the lessons it holds must prevent its repetition anywhere in the world, Prime Minister Kyriakos Mitsotakis said on Friday, during his
Magnificent icon believed to be Early El Greco discovered on Crete
A religious icon believed to be an early work of master painter El Greco, born Domenikos Theotokopoulos, one of the most-renowned artists in the entire history of Western art, was recently discovered on Crete. The icon
The wager of tax cuts
It is common knowledge that taxes reached unprecedented levels during the decade-long economic crisis. The Greek people made many sacrifices to foot the bill of this crisis. They were heavily over-taxed in order to achieve
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
Anthony Albanese praises EU for following Australia’s lead on social media restrictions for children
Australian Prime Minister Anthony Albanese has welcomed the European Commission’s decision to follow Australia’s lead in implementing strict social media restrictions for children under 16. European Commission President Ursula von der Leyen announced the creation
Brazil: Former President Jair Bolsonaro sentenced to 27 Years for 2022 coup attempt
Brazil’s Supreme Court on Thursday handed down a 27-year prison sentence to former president Jair Bolsonaro after finding him guilty of orchestrating a coup attempt following his 2022 electoral defeat by Luiz Inácio Lula da
UN Security Council condemns September 9 attacks in Qatar
The United Nations Security Council has strongly condemned the September 9 attacks in Doha, emphasizing the importance of maintaining stability in the Gulf region. In their official statement, Council members expressed “deep sorrow” for the
Awkward Moment for Anthony Albanese at Pacific Summit – $100 Million Pledge to Climate Fund
Australian Prime Minister Anthony Albanese found himself in an awkward situation during the Pacific Islands Forum in the Solomon Islands when he arrived wearing the wrong shirt. Instead of the navy-blue shirt worn by the
Qatar threatens response after Israeli attack, Netanyahu “kills all hope” for Gaza hostages
Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, condemned Israel’s recent attack in Doha, saying it destroyed all hope for hostages remaining in Gaza. He warned that Qatar would respond in coordination
Conservative activist Charlie Kirk killed in Utah University shooting amid confusion over suspect
Shock reverberates across the United States after conservative activist and ally of President Donald Trump, Charlie Kirk, was shot during an event at Utah Valley University and later died in hospital. The incident occurred around
