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
Over 60,000 lightning strikes in 48 hours – “Multicellular storms” expected in the coming hours
The extreme weather that has been affecting parts of Greece since yesterday, with thunderstorms and hailstorms, is expected to continue through tonight, according to an Emergency Weather Bulletin issued by the Hellenic National Meteorological Service
Turkey stops the Divine Liturgy at Panagia Soumela on 15 August
Turkey is putting an end to the celebration of August 15 at Panagia Soumela in Trapezounta (Trebizond) and the “Kyra of Pontus” will not be reopened for divine service on one of the most important
Greece must shift its mindset to tackle future wildfires
Focusing solely on firefighting without a broader prevention strategy will make it difficult for EU countries to manage future wildfires, according to a Greek expert, where thousands of hectares of forest were recently destroyed in
Total failure in Greece’s fire prevention as 3.2 million acres burned since 2021
Attica is in flames, people are being violently displaced and no one can predict where this drama will end…The government’s attempt to wash out criticism of the government is evident from the TV broadcasts where
Real estate is a big business force in the Cyclades
Which Cycladic islands have seen the most property sales in the past five years? While Santorini and Mykonos are commonly thought to lead due to their popularity, the actual data reveals a different story. According
Greece’s wildfires trigger widespread evacuations and warnings
Tourists traveling to Greece have been warned of extreme weather and wildfires as thousands of people were evacuated from areas near Athens. On Sunday, residents were forced to flee their homes as a fast-moving wildfire,
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 defeats Hungary to win Women’s Water Polo World Cup
Greece defeats Hungary to win Women’s Water Polo World Cup in Chengdu, China, overcoming Hungary 13–9 on Easter Sunday morning. Harry Pavlidis’ side earned their place in the final after a thrilling 15–13 win over
Why ASEAN won’t abandon China for Washington
After Vietnam, this should give Trump a rather strong indication that ASEAN countries have no interest in following Washington’s lead in decoupling from China. In fact, quite the opposite is happening. And it makes perfect
It took a CJEU ruling for Greece to release the marine plots map
They agonizingly insist that this is not an exercise of sovereignty! It took a CJEU ruling for Greece to release the marine plots map. After waiting for the country to be condemned by the EU
Greece’s reckless gamble: Enabling Turkish provocations at the cost of national sovereignty
One of the first things that history teaches us is that it repeats itself. And one of the first things that experience (must) teach us is that anyone who repeatedly makes the same mistakes will
Trump’s economic policies: The global impact and shifting alliances
This is indeed one of the most extraordinary examples of gaslighting during Trump’s presidency. In an attempt to spin one of the largest humiliations in U.S. history into a victory, he misrepresents the situation to
Salamis: The Battle that shaped the fate of Europe
The year is 480 BCE. The mighty Persian Empire, led by King Xerxes I, stormed through Greece, overwhelming city-states and crushing resistance. Salamis: The Battle that shaped the fate of Europe. Athens has already fallen;
