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
Parthenon Marbles: Tough words by the Greek President to British Museum
Tough words by the Greek President, Prokopis Pavlopoulos, towards the British Museum on the thorny issue of the Parthenon Marbles. “The British Museum’s obsession is tantamount to supporting Elgin’s cultural grave robbing and theft. And,
Police cracks down gang bringing weapons, ammunition from Albania to Crete
Greek police as cracked down a criminal gang that was bringing Kalasnikov weapons and ammunition from Albania to the island of Crete. A big scale operation conducted by the Police Departments of Chania, Crete, and
Large percentage of Greek High School students graduate lacking essential life skills
Many Greek high schools students graduate practically illiterate in regards to basic life skills, much less skills that would place them in the job market, according to a new report by the Authority for Quality Assurance
Tsipras: “We made mistakes but we took the country forwards”
“We are still here, after four-and-a-half years of struggle, the struggle to keep Greece standing upright,” is how main opposition party SYRIZA leader Alexis Tsipras started his speech at the 84th Thessaloniki International Fair on
Colossal Amphipolis monument to open possibly by 2021
Greece’s Minister of Culture and Sports Lina Mendoni visited on Friday the monument of Casta in ancient Amphipolis, near the city of Serres in Central Macedonia, Greece. After her visit, Mendoni described it as “a
Greece and Cyprus record EU’s largest quarterly employment increase
According to the latest data collected by Eurostat, the nations of Cyprus and Greece recorded the largest increase in employment in the entirety of the EU during the second quarter of 2019. More specifically, Cyprus recorded
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
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) 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
