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: Greece on High Alert at Gates from Italy
Greek authorities have put portals from Italy on high alert. More than 100 people are confirmed to have coronavirus in Italy and in the past two days SIX people have died. Greece is taking emergency mea-sures at
Staramaki: Straws made of wheat, innovation made in Greece
One hundred thousands unique straws made of wheat. The first large quantity of eco-friendly straws, “staramaki” has been produced in the last few days by a Social Cooperative Enterprise (Koinsep) in Kilkis, northern Greece. Producers
Carnival in Naoussa: The unique tradition with ancient Greek roots
Greece is a country where the annual Carnival season is closely linked to its rich and very ancient folklore tradition. Dozens of beloved local festivities take place each late Winter across the entire country. However,
Cypriot student aims at breaking Guinness World Record for solving Rubik’s cube
Michael Eleftheriades is a 17-year old student from Cyprus who aims to break a Guinness World Record for solving the Rubik’s cube while being upside down in the fastest time. Eleftheriades has managed to win
UN to post EEZ maps of Libya, Turkey deal
Athens is bracing for the United Nations’ Division for Ocean Affairs and the Law of the Sea to post the geographical coordinates outlined in the maritime border agreement signed by Turkey and the Tripoli-based government
Thessaloniki’s Diocese ordinates the city’s first Ugandan Deacon
Father George (Georgios) was ordained a Deacon by Thessaloniki’s bishop Anthimos recently, the first Ugandan Deacon in the known history of the city’s Diocese. Father George came from the African state of Uganda and went
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
