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
Fierce clash between Adonis Georgiadis and Zoe Konstantopoulou over Panos Routsis: “A predator of power and human pain”
A fierce political clash erupted between Health Minister Adonis Georgiadis and the leader of the Plefsi Eleftherias party, Zoe Konstantopoulou, over the case of Panos Routsis — a father of a Tempi train crash victim
Turkey’s ‘Piri Reis’ research vessel sails north of Lesvos – Athens closely monitoring movements
The ship departed Izmir Bay under an illegal Navtex and is expected to conduct surveys in central Aegean waters The Turkish research vessel Piri Reis was sailing north of Lesvos, near the Turkish coastline, on
Greece protests Ben Gvir’s call to jail Gaza flotilla activists instead of deporting them
Greece has lodged a formal protest with Israel following controversial remarks by far-right Israeli National Security Minister Itamar Ben Gvir, who demanded that the 470 activists of the “Global Sumud Flotilla” be imprisoned rather than
New NAVTEX issued by Turkey for “Piri Reis” research mission
The oceanographic vessel will conduct “scientific research” from October 4 to 14 — Greece responds with a counter-NAVTEX Turkey is once again testing Greek-Turkish relations, only days after the controversial cancellation of the planned Mitsotakis–Erdogan
New Left and Plefsi Eleftherias say No to the acquisition of a fourth Belharra Frigate
They have submitted a request for a roll-call vote on the ratification of the agreement for the acquisition of a fourth Belharra frigate and the upgrade of the existing ones. The parliamentary groups of New
Why Greece refuses to send Mirage Jets to Ukraine – NATO and EU pressures mount over Turkey’s role in European defence
Greece is facing mounting diplomatic pressure from NATO allies to increase its military assistance to Ukraine, with the focus now shifting to the possible transfer of Mirage 2000-5 fighter jets — a move Athens firmly
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
Libyan military chief killed in Falcon 50 jet crash in Ankara
A private Falcon 50 jet crashed near Ankara on Tuesday evening, killing all five people on board, including Libya’s Chief of the General Staff, General Mohamed Ali Ahmed Al-Haddad. The aircraft had departed from Ankara
Mitsotakis meets Abbas in Ramallah: Greece supports peace in Gaza
Greek Prime Minister Kyriakos Mitsotakis met with Palestinian Authority President Mahmoud Abbas on Monday in Ramallah, ahead of his visit to Jerusalem and participation in the Greece–Cyprus–Israel trilateral summit. Support for the Palestinian Authority and
Trilateral Summit sends clear message to Ankara: “Do not even think of reviving empires”
A strong geopolitical message was sent from Jerusalem on Monday following the completion of the 10th Trilateral Summit between Greece, Cyprus, and Israel, as Prime Minister Benjamin Netanyahu issued a pointed warning to those “who
Israeli Foreign Minister urges Jews to move to Israel amid rising antisemitism in the West
Israeli Foreign Minister Gideon Saar has urged Jews living in Western countries to relocate to Israel, warning that antisemitism is on the rise across Europe, North America and Australia. Speaking on Sunday during a public
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European
Washington concedes strategic defeat in Ukraine
Washington concedes strategic defeat in Ukraine as the era of grand declarations about “imminent victory” and the unwavering defence of democracy appears to be drawing to a close. The curtain has been pulled back —
