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
Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied
Greeks clap in gratitude to doctors and nurses against the coronavirus
Following the example of Spain, Greeks came out in their balconies at 9:00 p.m. Sunday and clapped in gratitude to doctors and nurses fighting the coronavirus in the country’s hospitals. The call to action was
Greece suspends services in worship places of all religions
Greek Prime Minister Kyriakos Mitsotakis announced late on Monday that services in all areas of religious worship of any religion or dogma are suspended. The conservative leader announced the decision on a tweet just an
Coronavirus Greece: 21 new confirmed cases, total 352
Greece’s health autho-rities announced on Monday 21 new confirmed cases of coronavirus, cases that increase the total number of inflections to 352. 65 patients are hospitalized, 9 of them are intubated hospitals ICU in Athens,
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 parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes
Cyprus–France Strategic Agreement signed in Paris, boosting defence, energy and Schengen cooperation
Cyprus and France have signed a comprehensive Strategic Cooperation Agreement in Paris, elevating their bilateral relationship to a more structured and operational level at a time of growing security challenges across Europe and the Eastern
Leaked US strategy reveals Trump’s plan to break up the EU
A leaked US strategy reveals Trump’s plan to break up the EU, with a draft of a highly classified National Security Strategy (NSS) suggesting that the United States may be pushing for Austria, Italy, Hungary,
Prepare for a coming world War, NATO chief warns
NATO Secretary-General Mark Rutte has issued a stark warning to the alliance, declaring, “We must prepare for a coming world war, NATO chief warns.” Speaking in Berlin, Rutte urged NATO member states to dramatically intensify
Ukraine submits response to latest U.S. peace proposal as diplomatic efforts intensify
Ukraine has formally delivered its response to the latest U.S.-drafted peace proposal aimed at resolving the ongoing conflict with Russia, according to officials in Washington and Kyiv cited by CNN. The proposal outlines the creation
China will destroy US military in fight over Taiwan, top secret document
China will destroy US military in fight over Taiwan, according to a leaked top-secret document from the United States Department of Defense known as the “Overmatch Brief.” The report warns that if war erupts between
