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
Greece ejects Turkey’s objections to updated Maritime Spatial Planning Map
Greece has firmly dismissed Ankara’s latest objections to the updated Greek Maritime Spatial Planning (MSP) map uploaded to the European Commission’s platform, stressing that Turkey’s claims lack any basis in European or international law. In
The Norwegian energy success story and what Greece can learn
As part of my ongoing analysis on NewsBreaks artilce regarding energy policy and national resource management, Michalis Christodoulides examine here how Norway transformed its hydrocarbon reserves into a long-term national advantage — and what lessons
“Medusa 14”: A Greek–Egyptian message of strength and deterrence in the southeastern Mediterranean
The large-scale air–naval exercise “Medusa 14” is in full progress in the wider area of Alexandria, Egypt, from 16 to 26 November. The exercise, which began a decade ago as a bilateral joint-operation initiative between
Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the
“His hand worked like a compressor, it was brutal” – Eyewitnesses describe 29-year-old’s fatal beating of 58-year-old in Neos Kosmos
Eyewitnesses have described extreme violence in the assault that led to the death of a 58-year-old man in Neos Kosmos. The 29-year-old attacker reportedly targeted the man because he had blocked him on the road.
Dendias’ stark message on war casualties alarms Europe
A storm has erupted in recent days over Defence Minister Nikos Dendias’ deeply unsettling comments about a supposed shift in Europe’s “culture of sacrifice”. Dendias’ stark message on war casualties alarms Europe and Greece. In
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
Anthony Albanese commits to reviewing Australia-China Free Trade Agreement during Beijing visit
Prime Minister Anthony Albanese has committed to reviewing Australia’s free trade agreement with China as part of a series of deals signed during his official trade visit to Beijing. The Prime Minister signed six memorandums
A future without petrol: The revolutionary engine that could replace fossil fuels
A groundbreaking innovation unveiled at the Bauma 2025 expo in Munich could redefine the future of internal combustion engines. The German-Swiss technology group Liebherr presented a revolutionary engine that runs on ammonia — not petrol,
A Year After the Trump Assassination Attempt: Senate Report Reveals ‘Failure on All Levels’
One year has passed since a chilling assassination attempt on former U.S. President Donald Trump during a campaign rally in Butler, Pennsylvania. The event, which took place on July 13, 2024, revealed a shocking breakdown
Iron ore vs AUKUS: Albanese courts $120 billion China trade while walking US defence tightrope.
Prime Minister Anthony Albanese is continuing his six-day official visit to China, where Australia’s $120 billion iron ore trade is front and centre — but concerns over defence obligations to the US are never far
Australia backs ‘status quo’ amid US pressure on Taiwan
In a move that highlights the delicate balance of international relations, Australian Prime Minister Anthony Albanese has reiterated his government’s stance on Taiwan amidst increasing pressure from the United States. During a visit to Shanghai,
Turkish Cypriots turn against Turkey – Call on President Christodoulides to take Ankara to The Hague
In an unprecedented move, a group of Turkish Cypriots has handed a formal letter to the President of the Republic of Cyprus, Nikos Christodoulides, urging him to file a case against Turkey at the International
