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
RBA rate decision: What it means for households, the housing market and the Aussie dollar
The RBA has raised the official cash rate by 25 basis points to 3.85 per cent, up from 3.60 per cent. The Reserve Bank of Australia has raised the official cash rate, delivering its first
Boy swims for hours to save family after being swept out to sea
Boy swims for hours to save family after being swept out to sea has been hailed as a hero after completing an extraordinary open-water swim to raise the alarm when his family was blown far
Nationals heavyweight rules out leadership tilt as Littleproud faces challenge
A senior figure within the Nationals has ruled out mounting a leadership challenge against David Littleproud, as internal pressure continues to build on the party leader ahead of parliament’s return. Nationals senator Matt Canavan has
Second note found after Perth family discovered dead in suspected double murder-suicide
Police investigating the suspected double murder-suicide of a family in Perth have confirmed a second note was found inside the home, shedding further light on the circumstances surrounding the deaths. The bodies of two teenage
Anthony Albanese slams opposition as a party in chaos
Prime Minister Anthony Albanese has launched a scathing attack on the Liberal Party, branding the opposition a “shambles” consumed by internal warfare, as speculation continues over a leadership challenge to Sussan Ley. Speaking in Adelaide
Australians lose more than $7 million in Facebook investment scam using fake Tom Piotrowski
More than 70 Australians have lost over $7 million after falling victim to a sophisticated Facebook investment scam that used the image and identity of well-known NAB and CommSec market analyst Tom Piotrowski. An investigation
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
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Exact replica of Nike of Samothrace awaiting to be transferred to home island
An exact replica of the iconic marble sculpture of Nike of Samothrace, one of the most spectacular exhibits in the Museum of the Louvre, has been temporarily placed in the city of Alexandroupolis, NE Greece,
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
Greek foreign ministry reacts to Erdogan comments on military flights in Aegean
Athens immediately responded on Friday to inflammatory statements a day earlier by Turkish President Recep Tayyip Erdogan, who, among others, said “we (Turkish military) scramble aircraft in the Aegean, as long as the Greeks do
Lack of new framework to protect primary residences blocks disbursement of €970 mln to Greece
Eurozone finance ministers – the Eurogroup venue – on Monday did not approve the disbursement of a 970-million-euro tranche to Greece, a more-or-less expected development linked with a failure to finalize a new legal framework
Mitsotakis to CNN: Greece will be a ‘positive surprise’ in terms of investments in next 2-3 years
Main opposition New Democracy (ND) party leader Kyriakos Mitsotakis stuck to his pro-reform and pro-market message during an interview with CNN on Monday, as he continued a visit to the United States amid opinion polls
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
China MFA: “The truth is, the Western creditors account for the lion’s share of developing countries’ debt”
China MFA Spokesman: “The truth is, the Western-dominated commercial creditors and multilateral financial institutions account for the lion’s share of developing countries debt and represent the major source of stress in terms of debt repayment.
How America Took Out The Nord Stream Pipeline
The New York Times called it a “mystery,” but the United States executed a covert sea operation that was kept secret—until now Seymour Hersh, one of the most decorated and impactful journalists of our time,
Sir George William Rendel (British Diplomat). A memorandum detailing atrocities committed during the Greek Genocide by the Turks
Sir George William Rendel (1889-1979) was a British diplomat who wrote a 7-page memorandum detailing atrocities committed during the Greek Genocide. Rendel was educated at Queen’s College, Oxford and in 1913 joined the British Diplomatic Service.
Biden is half right on Eastern Mediterranean arms sales
The Biden administration reportedly will ask Congress to approve a $20 billion sale of F-16s to Turkey , coupled with a separate sale of F-35 fighters to Greece . The White House is half right:
An Honest Broker No Longer: The United States Between Turkey and Greece
Over the course of 2022, Turkish President Recep Tayyip Erdogan has maintained a steady drumbeat of provocations targeting Greece. The year began with his foreign ministry issuing a statement threatening to declare Greece’s sovereignty as
Zoltan Pozsar: The dusk of the petrodollar, the dawn of petroyuan
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting
