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
Solidarity
From the first moment the government requested European assistance with the dispatch of eight Canadair aircraft. The manner in which the Greek government handled the great fire in Evia demonstrated the significance of coordination, preparedness,
Mystery as rare Ancient Greek chamber tombs unearthed with 14 skeletons inside
ARCHAEOLOGISTS have discovered two large chamber tombs dated to around 1300 BC in an important Mycenaean Greece-era burial ground. The discovery is so rare because the tombs are completely intact and offer new insights into
Ancient Tombs unearthed in Nemea, Greece shed light on Mycenaean Civilization
An ancient, unlooted chamber tombs dating from the Late Mycenaean period, (1400 – 1200 BC), near Nemea in the Peloponnesian Peninsula. The newly-found tombs at the Aidonia burial site include five full burials and the
Three Greek Students Sweep Medals at 26th International Mathematics Competition
Three Greek university students swept the medals, winning one gold and two silver, in this year’s International Mathematics Competition (IMC), which took place in Blagoevgrad, Bulgaria between July 28 and August 3. The team from
Greeks most pessimistic about future of EU
Greeks are the most pessimistic among their EU peers about the future of the European Union, according to the Standard Eurobarometer survey of spring 2019 published on Monday, which inquired about topics such as the
Ancient shipwrecks off Greek island of Evitha yield treasure trove of discoveries
The first underwater archaeological research period of the Ephorate of Underwater Antiquities off the island of Levitha has yielded some important discoveries, according to the Ministry of Culture and Sports. The research was conducted from
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 steps up Pacific leadership amid rising Chinese influence
Australia is strengthening its role as a key security and development partner in the Pacific, as tensions mount following Palau’s President Surangel Whipps Jnr’s warning that “we are already at war” with China. Prime Minister
World Trade Center – 24 years on
The attacks that Reshaped the World and Australia. It has been 24 years since the September 11, 2001, terrorist attacks in the United States. Nearly a quarter of a century later, the consequences of that
Australian travellers remain safe following deadly attacks in Doha – experts reassure
Following recent deadly air strikes in Doha, Qatar, Australian travellers have not experienced flight cancellations or major disruptions. Hamad International Airport continues to operate normally, serving flights to and from Australia. Airlines are avoiding airspace
Algeria calls for UN Security Council emergency meeting after Israeli attack in Doha
The international community is closely monitoring the recent Israeli military strike in Doha, Qatar, targeting senior leaders of the Palestinian movement Hamas. Algeria submitted a formal request for an emergency meeting of the United Nations
Australia condemns Israeli strike in Doha – global repercussions
Israel’s airstrike in the Qatari capital, Doha, targeting senior Hamas officials, has triggered strong international backlash. Australia’s Foreign Minister Penny Wong described the move as “wrong” and a violation of Qatar’s sovereignty, warning that it
USA: Trump administration launches crackdown on illegal immigrants in Chicago
The Trump administration has escalated its hardline stance on immigration, announcing a sweeping police operation in Chicago targeting undocumented migrants accused of violent crimes. The initiative, named “Midway Blitz”, was launched by the Department of
