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
Athens mayor Haris Doukas challenges PASOK leadership, calls for unity and dialogue with Tsipras’ party
A wave of political tension has rippled through the ranks of PASOK after Athens Mayor Haris Doukas voiced his discontent over the exclusion of several senior party figures from the party’s upcoming Congress committees, while
Opinion Poll: ND leads by 16.3 points – rising public discontent and political fluidity
A new Opinion Poll survey for October shows the New Democracy (ND) party maintaining a 16.3-point lead over PASOK, but with growing public dissatisfaction and a volatile political landscape. ND records 30.1% (-0.4%), PASOK 13.8%
EU Defence Agency apologizes for controversial Cyprus report amid political backlash
The European Defence Agency (EDA) has issued a formal apology following the publication of a report conducted jointly with the European Commission’s Joint Research Centre (JRC), which sparked widespread criticism for its references to the
The inner circle around Alexis Tsipras: key collaborators shaping his next moves
With Alexis Tsipras stepping down from Parliament and preparing for his forthcoming book on his government’s record, attention has turned to the core team of collaborators surrounding the former prime minister. Their influence will likely
Tomb of the Unknown Soldier belongs to all Greeks – must be kept out of daily political tug-of-war
Greece’s Minister of State, Akis Skertsos, has praised the Prime Minister’s recent decision to assign the Ministry of National Defense exclusive responsibility for protecting the Tomb of the Unknown Soldier, emphasizing the monument’s national and
Greece and Cyprus invited to Trump’s international summit on Gaza
Greece and Cyprus are among the nations invited by U.S. President Donald Trump to the new international conference on Gaza, set to take place on Monday in Sharm El-Sheikh, Egypt. The summit is expected to
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
Israel orders Doctors Without Borders to halt operations in Gaza by February 28
Israel has announced it will terminate the activities of Doctors Without Borders (Médecins Sans Frontières – MSF) in the Gaza Strip by February 28, citing the organisation’s refusal to provide a list of its Palestinian
Gold and silver plunge as trump’s fed pick sparks $US 15 trillion market wipe-out
Global precious metals markets suffered a dramatic sell-off after US President Donald Trump announced his nomination of Kevin Warsh as the next chair of the Federal Reserve, triggering what analysts described as one of the
Great Power Shield: China & Russia naval move forces Trump into strike-or-stand-down moment
Updated Strategic Assessment (Early hours of Friday, 30 January) The intelligence “wild card” long concealed by Tehran has now been revealed. The entry of China and Russia into the maritime theatre — specifically the Sea
Israel sends shockwaves: “Half of Cyprus is under Turkish occupation and the world looks away”
Israel sends shockwaves: “Half of Cyprus is under Turkish occupation and the world looks away”, as Israel has once again expressed support for Hellenism through a pointed public intervention highlighting the unresolved occupation of the
Strike on Iran looms as Trump issues ‘Ultimatum’ and explicit threat via social media
Strike on Iran looms as Trump issues ‘ultimatum’ with explicit social media threat as geopolitical tensions surge once again. In a move that sharply escalates the crisis, US President Donald Trump on Wednesday, 28 January,
Macron bans social media for children under 15, mobile phones banned in French schools
French President Emmanuel Macron has announced a major policy change that will ban social media use for children under the age of 15 and prohibit mobile phones in schools across France starting from the next
