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
Cyprus blocks Turkey’s role in Ukraine summit
While Greek Prime Minister Kyriakos Mitsotakis and the entire Greek diplomatic corps are striving to maintain the illusion of “calm waters” with Turkey, a notion that exists only in their imagination. Cyprus blocks Turkey’s role
Greek MEP: 7000 Christians and Alawites massacred in Syria
BREAKING Greek MEP: 7000 Christians and Alawites have been massacred in Syria according to Nikolas Farantouris. He is a member of the European Parliament’s Committee on Security & Defense, who visited Damascus on 8-9 March.
Tempi Tragedy: Plakias’ fury over Mitsotakis’ speech
“I did not bring my children into the world to be sacrificed like Iphigenia.” Tempi Tragedy: Plakias’ fury over Mitsotakis’ speech The speech delivered by Prime Minister Kyriakos Mitsotakis in Parliament during the pre-agenda debate
Tempi Tragedy pushes Mitsotakis towards early elections
Public demand for justice, transparency, and accountability in the Tempi Tragedy pushes Mitsotakis towards early elections. Growing louder, public demand is expected to be voiced so powerfully during the upcoming demonstrations that it will be
Australia joins global outcry for Tempi tragedy anniversary
As Greece and Australia prepare for protests on February 28, marking the second anniversary of the tragic train collision in Tempi that claimed 57 lives. Australia joins global outcry for Tempi tragedy anniversary as mounting
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 impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
Arab Coalition with Iran in response to Israel: The crucial meeting in Tehran
In the wake of the assassination of Hamas leader Ismail Haniyeh, Iran is mobilising what it calls the “axis of resistance” against Israel. High-ranking officials have been summoned to Tehran for consultations, raising fears of
East-West prisoner swap: Largest since the Cold War
US President Joe Biden has celebrated the return of three Americans who were imprisoned in Russian penal colonies after secret “sham” trials. They were freed as part of a significant East-West prisoner swap. Biden and
USA: We are working to ensure that North Macedonia respects the Prespa agreement
The assurance that the US is working to ensure that the new government of North Macedonia respects the Prespa Agreement was underlined by Assistant Secretary of State for European and Eurasian Affairs James O’Brien. During
Man accused of plotting the 9/11 attacks, Khalid Sheikh Mohammed, reaches plea deal
The man accused of plotting the September 11 attacks, Khalid Sheikh Mohammed, and two of his accomplices have reached a plea deal with US prosecutors, the Pentagon said Wednesday local time. The trio have reportedly
Maduro under scrutiny at the International Criminal Court?
OAS Secretary General recommends his arrest for bloodshed in Venezuela The turmoil in Venezuela following the recent election results continues to escalate, drawing international reactions. On Wednesday, Luis Almagro, the Secretary General of the Organization
