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
Libya’s new maritime claims spark diplomatic tensions with Greece and Egypt
Libya has recently made a significant move in its maritime territorial claims by submitting a formal note to the United Nations on May 27, 2025, outlining the external limits of its continental shelf in the
Mitsotakis to meet EU Energy Commissioner Jørgensen amid regional development tour
Prime Minister Kyriakos Mitsotakis is set to meet with European Commissioner for Energy and Housing, Dan Jørgensen, today, at 13:00 at the Maximou Mansion. This meeting comes at a time when Greece is navigating complex
Greece navigates diplomatic minefield in Libya: Gerapetritis’ second visit tests Athens’ strategy
Greek Foreign Minister Giorgos Gerapetritis’ second visit to Tripoli highlighted both the persistence of geopolitical challenges in Libya and Athens’ continued efforts to open up meaningful diplomatic dialogue. While Libyan officials, including Foreign Minister Taher
Plevris confirms permanent closed migrant facility in Crete, enforces tough measures
Migration crisis and government response Greek Migration Minister Thanos Plevris has confirmed plans for at least one permanent closed identification facility for migrants and asylum seekers on Crete. This decision is a reaction to rising
OPEKEPE scandal: Government triggers inquiry, opposition cries cover-up
The Greek government has ignited a political storm by announcing the formation of a parliamentary inquiry (Exetastiki Epitropi) to investigate the OPEKEPE agricultural payment authority from 1998 to the present day. The move, seen by
Irene Mourtzoukou to testify today over four child murders – Dozens of notes and new attempted murder allegations
Today, Sunday, July 13, Irene Mourtzoukou is scheduled to appear before the Patras investigating magistrate to testify in connection with the chilling case of four child murders — a case she has already confessed to.
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
Four killed in new Israeli airstrikes on Southern Lebanon
Beirut/Tribal Border – At least four people were killed yesterday in southern Lebanon amid fresh Israeli airstrikes targeting Hezbollah positions, according to the Lebanese Ministry of Health. The strikes mark a concerning breakdown in the
Christodoulides-Fidan one-on-one after the dinner of the five powers on Cyprus
Cyprus President Nikos Christodoulides and Turkish Foreign Minister Hakan Fidan held a brief meeting after the dinner hosted by UN Secretary-General Antonio Guterres at the United Nations headquarters. The dinner was attended by the Turkish
WSJ Report: The captain shut down engines before the crash of the Air India Boeing 787
A recorded conversation between the two pilots of the Air India Boeing 787, which crashed last month in Ahmedabad, India, reveals that it was the more experienced captain, who deliberately shut down the fuel supply
Syria: Al-Sara assigns Druze leaders responsibility for security in Sweida amid escalating violence
In a significant move that highlights the growing instability in Syria, transitional President Ahmed al-Sara announced that the responsibility for ensuring security in the southern region of Sweida, which has been plagued by violent clashes
Albanese wraps up China visit amid tensions and trade talks
Prime Minister Anthony Albanese is set to conclude his six-day visit to China today, wrapping up a trip marked by high-stakes discussions on trade, national security, and diplomatic relations. His final stop in China takes
Trump’s cryptic statement from the White House: “We have good news for Gaza”
Donald Trump, the President of the United States, caused a stir with a cryptic statement made from the White House, claiming there was “good news for Gaza.” Although he did not provide further clarification, the
