Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
Australia’s Digital ID Bill was swiftly passed through the Senate, sparking an outcry over the lack of debate
The government-backed digital identity scheme, known as the ‘Digital ID Bill 2023’, was rushed through the Senate without thorough discussion, prompting criticism over its hurried implementation. This legislation lays the groundwork for a comprehensive digital
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
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
Shockwaves in PASOK: Cretan party official resigns amid OPEKEPE subsidy scandal
A political storm has erupted within PASOK following the resignation of Lampros Antonopoulos, Secretary of the Heraklion Prefectural Committee, after his alleged involvement in the controversial OPEKEPE agricultural subsidy case. Antonopoulos submitted a formal resignation
Ex-wife of murdered Polish professor in custody – maintains her innocence
The 43-year-old ex-wife of the murdered Polish professor has been remanded in custody after being accused of orchestrating his killing. She is alleged to be the mastermind behind the plot, despite her claims of innocence.
Irene Mourtzoukou sends legal notice from prison to mother of baby Panagiotakis
Irene Mourtzoukou, the 25-year-old woman currently in custody after confessing to the deaths of four infants, has now sent a legal notice from prison targeting Popi, the mother of Panagiotakis — the fifth baby whose
Shocking murder in Agia Paraskevi: Secret Signal messages reveal deadly plot against Polish professor
A 43-year-old Polish professor was recently murdered outside his former wife’s home in Agia Paraskevi, Greece, in what investigators are calling a “premeditated execution.” Shocking new revelations point to a coordinated plan involving multiple accomplices
36 wildfires erupt across Greece in 24 Hours — firefighters battle ongoing fronts
Greece has recorded a total of 36 rural and forest fires over the past 24 hours, according to the Hellenic Fire Service. Of these, 31 fires were swiftly brought under control in their initial stages
Greece braces for a long heatwave
As the summer progresses, Greece is preparing for one of the most intense heatwaves of the year, expected to sweep across the country next week. Meteorologists predict that temperatures will exceed 40°C, with certain areas
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
Trump issues ultimatum to Hamas: “Accept the deal or face the consequences”
U.S. President Donald Trump issued a “final warning” to Hamas on Sunday night, urging the group to accept a proposed deal that would secure the release of all hostages held in the Gaza Strip. In
Trump Renames the Department of Defense to Department of War
Donald Trump is expected to sign an executive order today renaming the Department of Defense as the Department of War, as he recently promised, the White House announced Thursday. The Republican U.S. president’s order aims to “restore
Backlash over Daniel Andrews attending Beijing’s military parade
Former Victorian premier Daniel Andrews has sparked controversy in Australia after being warmly greeted by Chinese President Xi Jinping at Beijing’s massive military parade marking 80 years since the end of World War II. The
“Coalition of the Willing” to meet on Ukraine in Paris Thursday – Zelensky to attend
Paris will once again be at the center of global diplomacy this week as the “Coalition of the Willing”—a group of nations providing political, military, and financial support to Ukraine—convenes on Thursday, September 4 at
Putin in Beijing – To attend major military parade
Russian President Vladimir Putin has arrived in Beijing following his participation in the Shanghai Cooperation Organization summit in Tianjin, according to Russian news agencies. Putin was received by Chinese President Xi Jinping and is scheduled
IDF: Israel’s “Chariots of Gideon” Operation Against Hamas Failed
An internal evaluation accuses the army of acting “contrary to its own military doctrine,” by providing the enemy with humanitarian aid, failing to impose time pressure, mismanaging resources, and ultimately exhausting its own forces while
