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
PM Mitsotakis reveals his policy program with tax reliefs
Greek Prime Minister, Kyriakos Mitsotakis, presented his multi-faceted agenda of measures regarding tax reliefs, labor regulations, less bureaucracy through digitization and investment. During his speech at Thessaloniki International Fair, the Prime Minister stressed that his
Study finds that Greeks drink much less alcohol than most other Europeans
According to a recent study conducted by the World Health Organization (WHO), the Greeks drink less alcohol than the average European. More specifically, the WHO study includes findings from thirty different European countries (the 28
Family of American who died in Greece “saves” 8 people by donating his organs
The family of a 30-year old American citizen who died in Greece recently, decided to donate his organs, saving the lives of eight different people. The unfortunate man was spending his summer holidays on Greece’s
Migrants arriving from Turkey, sleep on the streets on Greece’s Symi
The problem of the increasing migrant flows from Turkey to European shores was recently highlighted by the local authorities of the island of Symi. Symi is a small, picturesque island in the Dodecanese archipelago, that
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis
A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on Saturday, with a top defense
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
