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
The strong symbolism of the Sakellaropoulou nomination
The Prime Minister’s decision to nominate Ekaterini Sakellaropoulou to serve as President of the Hellenic Republic did not startle those in the know. For months most had known that Mr. Mitsotakis had singled out the
Man jailed for 11 months after Greek police mistake baking flour for drugs
A Scopian citizen spent 11 months in a Greek jail suspected of drug trafficking after Greek police mistook a bag of baking flour he was carrying for heroin. The incredible story of the 38-year-old resident
Hundreds of Santas take part in Athens run 2019
Hundreds of people dressed in Santa Claus costumes took part on Sunday in a special 3-kilometer charity run in the center of Athens. This merry tradition returned to the streets of Athens for the sixth
Greek Christmas Question: Melomakarona or Kourabiedes?
This is the eternal Christmas question Greeks are challenged with every year: the traditional to-die-for Greek sweets during the festive days: Melomakarona or Kourabiedes? Melomakarona are egg-shaped calorie-bombs. They are soft and soaked in syrup
Germany: All EU members must take in Migrants
The continuing debate over migration is, at its core, about European federalism and the degree to which the European Union will be allowed to usurp decision-making powers from its 28 member states. If everything goes
Greek court hands down maximum sentences in Siemens bribery case; prominent defendants tried in absentia
A three-justice Athens appellate court on Monday handed down mostly the maximum possible prison sentences to defendants convicted last month in the more than decade-old Siemens bribery and money laundering case – although four of
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
Unanimous condemnation of Iran’s attack by the EU – International reactions
On October 2, 2024, the international community has called for de-escalation following the launch of hundreds of missiles by Iran targeting Israel. During this tense period, both nations have resumed threats against each other, heightening
Why the world’s biggest powers can’t stop a Middle East war
The United States’ ability to influence events in the Mideast has waned, and other major nations have essentially been onlookers. Over almost a year of war in the Middle East, major powers have proved incapable
What is Diddy accused of? From JLo to 1,000 baby oil bottles and TikTok conspiracy theories
The 54-year-old rapper and music mogul was arrested by federal agents in New York this September, facing charges of trafficking, sexual assault, and rape – “He exploited his connections with celebrities”. Diddy’s arrest is leading
Horror in Malaysia: Over 350 arrests for child sexual Abuse – Raids on Islamic Institutions
The Malaysian police announced on Saturday that a total of 355 individuals have been arrested as part of an investigation into hundreds of incidents of physical and/or sexual abuse of children in shelters and host
Afghanistan: Taliban’s Draconian laws now impacting men too
For the past three years, since the Taliban took control in Afghanistan, women have faced a myriad of restrictions on their individual rights and personal freedoms, starting with their attire. In contrast, men in urban
Lebanon counts its wounds, Israel prepares for new assault – Hundreds dead, thousands injured
Tensions are escalating in Lebanon, as Israel struck targets in the southern part of the country and the Bekaa Valley throughout Monday. At least 480 people have lost their lives. Hezbollah responded with rocket fire.
