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
Tax evasion and money laundering linked to estate of famous Greek singer
“I have not evaded taxes, I have never been asked to explain myself,” he says Popular Greek singer Antonis Remos has found himself at the centre of a 1.5 million euro tax evasion and money
The Guardian on Greece’s 6-day week – “Already the longest working week in Europe”
It means the traditional 40-hour working week could be extended to 48 hours for some companies. Under the telling headline “Greece introduces six-day working week with ‘growth orientation’”, the UK’s Guardian reports on the implementation
Family Pride Thessaloniki celebrates the essence of the Hellenic family
On 6 July, there is a call for a Family Pride starting from the White Tower in Thessaloniki. “We are celebrating the Greek family” is the central message on the poster that has been making
Prespes: No matter what they do, history can not be unwritten
Matthew Nimitz, the UN Special Mediator for the name issue (1994-2019), was awarded the first Prespa Peace Prize by Alexis Tsipras and Zoran Zaev. Regardless of the theatrics of Prespes: No matter what they do,
A resounding rebuke to ND: Loosing 1,100,000 votes compared to the 2023 national elections
New Democracy is suffering rapid political damage from the result of the European elections, as in just one year the blue party lost about 1,100,000 votes, resulting in Piraeus to intense concern about the huge
Greece elected to UN Security Council
Greece has been elected a non-permanent member of the United Nations Security Council for a third time. The country will hold the seat for the 2025-2026 term. As there were five candidate countries for the
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
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
Hamas chief Ismail Haniyeh assassinated in Iran
Tehran: Iran’s paramilitary Revolutionary Guard said Hamas leader Ismail Haniyeh was assassinated in Tehran. No one immediately claimed responsibility for the assassination but suspicion immediately fell on Israel, which has vowed to kill Haniyeh and
Italy and China forge three-year action plan as Meloni aims to reset ties
Italy and China signed a three-year action plan on Sunday to implement past agreements and explore new forms of cooperation, announced Italy’s Prime Minister Giorgia Meloni during her official visit to Beijing. That’s a rather
The Olympics opening ceremony epitomized decadence, division, and chaos
Maria Denaxa who is a Performance Marketing Specialist at Generation Y and a Journalist commenting on the Opening Ceremony says It was a hymn to the decadence, division, and chaos that is being pursued globally
