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
Coronavirus cases reach 84, Greece cancels events with over 1000 people
The number of corona-virus infections in Greece reached 84, after 11 new cases were tested positive, Health authorities announced on Monday. The constantly rising number has forced Greece to take additional measures, like banning events
Greece’s Migrant Crisis: “A powder keg ready to explode”
“People have seen their properties destroyed, their sheep and goats have been slaughtered, their homes broken into. A few years back, when there were 5,000 migrants on the island, things seemed bad enough. Now there’s
Lesvos: Locals mob against migrants boat, attack reporters
Things got out of control in the port of Thermi in the island of Lesvos on Sunday, with locals to block migrants and refugees to disembark from dinghy with a broken engine. Not only did
Greece upgrades border security to maximum, suspends Asylum, calls Turkey “a trafficker”
Greece has decided to suspend asylum for a month and to activate a series of EU and Frontext mechanisms to protect her land and sea borders, while thousands of migrants are pushing their way to
Evros: Greek Army conducted exercise with live ammunition on March 2
Real ammunition were used on Monday, March 2, 2020, across the Evros river, an announcement by the Greek Army said. The 4th Army Corps announced military exercises with live ammunition at all border outposts at
Personal responsibility
The state appears to be making every effort to limit the spread of the coronavirus, the first cases of which were detected in Greece over the last few days. State services are mobilising, the country’s
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
RFK Jr. suspends 2024 campaign and joins Trump at Arizona rally
RFK Jr. suspends the 2024 campaign and joins Trump at the Arizona rally, endorsing former President Donald Trump. During an event in Phoenix, Arizona, Kennedy urged voters in red or blue states to support him
Putin’s 702 decree caused outrage in the West
As reported by journalists from China, Russian President Vladimir Putin caused outrage in the West with a new surprise decree. Relations between Russia and the West have reached their lowest point since the collapse of
Why was Telegram’s Pavel Durov effectively kidnapped at Paris Airport?
Pavel Durov, the founder and CEO of Telegram, was arrested in France today on various charges. Telegram has been a key platform for sharing information about the Israeli actions in Gaza, with thousands of videos
Winners and losers in global commodities this year
The global commodities market has experienced significant volatility this year, with prices generally remaining elevated across various sectors. The first half of the year saw orange juice and cocoa prices reach record highs, while crude
WHO reassures: Mpox is not the new COVID – We know how to control its spread
A World Health Organization (WHO) official emphasized today that Mpox, whether it’s the new or old strain of the disease, is not the new COVID-19, as health authorities have the knowledge to control its spread.
The Middle East on a razor’s edge: Tough bargaining for a ceasefire
International concerns over the escalation of war in the Middle East have peaked as U.S. Secretary of State Antony Blinken arrives in Israel in a last-ditch diplomatic effort to secure a ceasefire in Gaza. This
