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
Coronavirus: Greece on High Alert at Gates from Italy
Greek authorities have put portals from Italy on high alert. More than 100 people are confirmed to have coronavirus in Italy and in the past two days SIX people have died. Greece is taking emergency mea-sures at
Staramaki: Straws made of wheat, innovation made in Greece
One hundred thousands unique straws made of wheat. The first large quantity of eco-friendly straws, “staramaki” has been produced in the last few days by a Social Cooperative Enterprise (Koinsep) in Kilkis, northern Greece. Producers
Carnival in Naoussa: The unique tradition with ancient Greek roots
Greece is a country where the annual Carnival season is closely linked to its rich and very ancient folklore tradition. Dozens of beloved local festivities take place each late Winter across the entire country. However,
Cypriot student aims at breaking Guinness World Record for solving Rubik’s cube
Michael Eleftheriades is a 17-year old student from Cyprus who aims to break a Guinness World Record for solving the Rubik’s cube while being upside down in the fastest time. Eleftheriades has managed to win
UN to post EEZ maps of Libya, Turkey deal
Athens is bracing for the United Nations’ Division for Ocean Affairs and the Law of the Sea to post the geographical coordinates outlined in the maritime border agreement signed by Turkey and the Tripoli-based government
Thessaloniki’s Diocese ordinates the city’s first Ugandan Deacon
Father George (Georgios) was ordained a Deacon by Thessaloniki’s bishop Anthimos recently, the first Ugandan Deacon in the known history of the city’s Diocese. Father George came from the African state of Uganda and went
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’s Controversial Plan: Expulsion of Palestinians and a “Mediterranean Riviera” in Gaza
A highly controversial and alarming plan for the future of the Gaza Strip appears to be under consideration by the U.S. administration of President Donald Trump. According to a Washington Post report, the proposal—titled “Gaza
‘Jewish Artists for Palestine’ disrupt Melbourne Symphony Orchestra at Royal Albert Hall
A group called Jewish Artists for Palestine disrupted the Melbourne Symphony Orchestra (MSO) in London, protesting against “Zionist funding, censorship,” and the treatment of Australian-British pianist Jayson Gillham. The interruption occurred Friday night (Saturday AEST)
Netanyahu: Israel discusses demilitarised zone in southern Syria and humanitarian corridor for Druze
Israeli Prime Minister Benjamin Netanyahu announced that Israel is currently in talks to establish a demilitarised zone in southern Syria and a humanitarian corridor to support the Druze minority in the region. The statement was
Maduro: No chance of U.S. invasion in Venezuela
Venezuelan President Nicolás Maduro has firmly ruled out any possibility of a U.S. military invasion or regime change in his country, despite the recent deployment of American warships in the Caribbean. Maduro declared that Venezuela
NATO: All member countries to meet 2% of GDP defense spending target this year – Expansion plan up to 2035
All 32 NATO member countries are set to meet the long-standing target of allocating at least 2% of their GDP to defense this year, according to new figures released in Brussels. This goal was established
Ukraine thriller continues – Trump: “In two weeks we’ll know if peace is possible”
The war in Ukraine, now over three and a half years ongoing, remains at a critical juncture. Former U.S. President Donald Trump continues diplomatic efforts to arrange a summit between Russian President Vladimir Putin and
