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
Gerapetritis’ Blunder: The phrase that diminished Greek diplomacy
No matter how much we try to hide it, reality speaks for itself. The Ministry of Foreign Affairs under George Gerapetritis seems unable to find its footing. Gerapetritis’ Blunder: The phrase that diminished Greek diplomacy.
Dionysis Savvopoulos: The voice that sang Greece has fallen silent
The beloved Greek singer-songwriter Dionysis Savvopoulos has died at the age of 81, marking the end of an era in modern Greek music and culture. Known affectionately as “Nionios,” Savvopoulos was more than a composer
Plevris: Migration alone cannot solve Greece’s demographic challenge
Greece’s Minister of Migration and Asylum, Thanos Plevris, emphasized in a recent interview with Ertnews that migration cannot be treated as a cure-all for the country’s demographic problems. Speaking on Monday evening, Plevris highlighted the
Mitsotakis in the Financial Times: Five golden rules for Europe’s green transition
The European Green Deal stands at a critical crossroads, with soaring energy prices and new geopolitical challenges threatening the EU’s strategy for climate neutrality. In an article for the Financial Times, Prime Minister Kyriakos Mitsotakis
Finikounda murders: Athens businessman questioned for 4 hours over crucial phone call after double killing
The investigation into the shocking double murder in Finikounda has entered its main judicial phase, with key testimonies now being collected by the Kalamata investigating magistrate. On Saturday, a businessman from Athens — the employer
Athens plans multilateral conference with Turkey, Cyprus, Libya, and Egypt
Athens is preparing an ambitious diplomatic initiative aimed at fostering regional cooperation and dialogue among Eastern Mediterranean states. The Greek government plans to host a multilateral meeting involving Turkey, Cyprus, Egypt, and Libya to discuss
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
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
Deported neo-Nazi protester arrives in South Africa after visa cancellation
A South African national who took part in a widely condemned neo-Nazi demonstration in Sydney has arrived back in Johannesburg after being deported by Australian authorities. Matthew Gruter, 35, was removed from the country following
