Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
Australia’s Digital ID Bill was swiftly passed through the Senate, sparking an outcry over the lack of debate
The government-backed digital identity scheme, known as the ‘Digital ID Bill 2023’, was rushed through the Senate without thorough discussion, prompting criticism over its hurried implementation. This legislation lays the groundwork for a comprehensive digital
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
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
100 Years of Silence
Pontus (“sea” in Greek),is an historical Greek designation for a region on the southern coast of the Black Sea, located in modern-day northeastern Anatolia, Turkey. The name was applied to the coastal region and its
Temple of Nemesis found under an ancient Greek Theatre. Here’s Why…
A Temple of Nemesis has recently been unearthed under the ruins of an ancient theatre in Mytilene, on the Greek island of Lesbos. In the ancient Greek and Roman world, Nemesis was the goddess who
Golden Dawn ballots destroyed with antiseptic by unknown perpetrators
Unknown perpetrators have destroyed the whole load of municipality elections ballots of the far-right party Golden Dawn in the suburb of Kallithea, south Athens. The perpetrators used antiseptic Bedatine that soaked into the 92,000 ballot
The dilemma of the elections
This year European Parliament and local elections are neither simple nor commonplace. Their crucial nature is patently obvious. They are considered and indeed are a dress rehearsal for the upcoming parliamentary election, which has not
Lanterns to commemorate 100 years from the Pontic Greeks Genocide
Pontic Greeks in Thessaloniki let 100 lanterns high into the night sky in order to commemorate the Genocide of Pontic Greeks first by the Young Turks and then by Kemalist forces. May 19th commemorates the
Greece refutes Turkish claims on status of Aegean Islands
The Greek foreign ministry late on Sunday strongly refuted a claim by its Turkish counterpart that Greece does not respect the demilitarized status of the islands in the eastern Aegean Sea. Earlier Sunday, Turkish Foreign
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
Netanyahu: The cancellation of the Israeli delegation’s visit to the United States sends a message to Hamas
Israeli Prime Minister Benjamin Netanyahu justified the cancellation of the scheduled visit of a high-level Israeli delegation to the United States, noting that he wanted to send a message to Hamas. Netanyahu’s office stated that
Baltimore: Francis Scott Key Bridge collapses – 6 presumed dead
via the Associated Press A cargo ship lost power and rammed into a major bridge in Baltimore early Tuesday, destroying the span in a matter of seconds and plunging it into the river in a
Moscow terror attack a blow to Putin, who promised Russia security
Barely a week since Vladimir Putin secured his fifth presidential term, Russia has been plunged into carnage and disarray. The appalling attack on the vast Crocus City Hall concert venue and shopping complex near Moscow,
Shock and dismay from the UN and EU over terrorist attacks in Moscow, but who was behind it?
The EU is shocked and dismayed by the reports of a terrorist attack in the Crocus City Hall in Moscow. The EU condemns any attacks against civilians. Our thoughts are with all those Russian citizens
World Happiness Report 2024
While the top ten countries remain largely unchanged, there has been much more action in the top twenty Finland has retained its position as the happiest country in the world for the seventh consecutive year,
Putin: Is he now more powerful than ever?
Vladimir Putin wins fifth term as President of Russia with a record percentage Vladimir Putin has secured his fifth term as president of Russia with a record-breaking percentage, amid protests and allegations. What does this
