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
Historic decision made to rebuild Part of the Parthenon
The Greek Central Archaeological Council (KAS) decided on Wednesday that a part of the Parthenon, now in ruins on the Athens Acropolis, is to be rebuilt using mostly materials which are now lying on the
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
Turkey drills for gas in Cyprus’ waters, prompting EU outcry
The EU and US have urged Turkey to stop drilling for gas in Cyprus’ maritime zone – but Ankara has told its allies it would do so anyway. Brussels and Washington spoke out over the
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
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 tariff threat sparks alarm in Canberra over pharmaceutical exports
The Albanese government is scrambling to respond to a fresh trade threat from US President Donald Trump, who has floated a staggering 200 per cent tariff on pharmaceutical imports and a 50 per cent tariff
Yemen: Another Greek-owned ship attacked by Houthis – two injured, two missing
Another Greek-owned vessel sailing off the coast of Yemen has come under attack by Houthi militants, just a day after their assault on a Liberia-flagged cargo ship also managed by a Greek company. According to
Secret negotiations between Turkey and Syria over maritime zones
A letter signed by Turkish Foreign Minister Hakan Fidan has, for the first time, confirmed that secret negotiations are underway to define maritime boundaries between Turkey and Syria, in anticipation of the post-Assad era. Secret
Greek expatriates tax and business online workshop
The General Secretariat for Greeks Abroad and Public Diplomacy, in collaboration with the Independent Authority for Public Revenue (AADE), is organising an online workshop for expatriates and residents abroad on issues related to tax procedures
Elon Musk and Billboard Chris win legal battle against Australian eSafety Commissioner
In a landmark legal victory, Elon Musk’s social media platform, X, and Canadian activist Chris Elston, also known as Billboard Chris, have successfully challenged a takedown notice issued by Australia’s eSafety Commissioner, Julie Inman Grant.
Heatwave in Italy: Woman dies of heart attack on the street, construction worker in coma
Italy is currently grappling with a brutal heatwave that has claimed the lives of at least two people in the central and southern regions, as the country faces record-high temperatures. The scorching heat has intensified,
