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
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
Greece issues damning statement following Turkey’s disrespectful remarks on Pontian Genocide
The Greek Foreign Ministry issued a damning response on Sunday morning to the Turkish slander published on Saturday evening regarding a conference about the Pontian Genocide, where Greece’s PM was present giving a speech. The
Greek PM from Pontian Genocide Conference: “Greece has always overcome the storms of History”
The Pontian Genocide was a tragic chapter in the history of modern Greece, and the lessons it holds must prevent its repetition anywhere in the world, Prime Minister Kyriakos Mitsotakis said on Friday, during his
Magnificent icon believed to be Early El Greco discovered on Crete
A religious icon believed to be an early work of master painter El Greco, born Domenikos Theotokopoulos, one of the most-renowned artists in the entire history of Western art, was recently discovered on Crete. The icon
The wager of tax cuts
It is common knowledge that taxes reached unprecedented levels during the decade-long economic crisis. The Greek people made many sacrifices to foot the bill of this crisis. They were heavily over-taxed in order to achieve
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
Analysis of world population in 2023: India in first place and age trends
According to the latest UN estimates, the world population in 2023 will be 8.04 billion people. India is the country with the largest population with 1.43 billion, followed by China with 1.42 billion and the
UK election: a new chapter for the country – what Labour will really change
Labour’s historic victory in the UK election was underlined by the exit poll, which showed that Kir Starmers’ party won 410 seats in the House of Commons, while Rissy Shunak’s Conservative Party won 131 seats,
The impending surge of Marine Le Pen in France
Examining the momentum behind Le Pen’s National Rally Marine Le Pen and her National Rally movement have emerged as the leading force in the European elections this year and appear poised to also secure victory
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
