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
Greece shuts down Museums, Archaeological sites due to Coronavirus
The Greek Ministry of Culture announced on Friday that it is closing down the country’s museums and archaeological sites — at least until March 30 — to help control the spread of coronavirus. In a
Coronavirus: Greece holds its breath as tens of millions of Italians put in quarantine
As the number of coronavirus cases in the country rose to 84 on Monday with 11 new infections identified, health authorities called on people with symptoms of the virus to stay at home and avoid
The Hellenic Initiative Australia, renews grant for SOS family support program in Patras
The Hellenic Initiative Australia has renewed its support for SOS Children’s Villages Greece, providing children from disadvantaged families in the regional city of Patras with critical educational and nutritional support. The €20,000 grant renewal will
Greece’s Civil Aviation has suspended flights to/from North Italy
Greece’s Civil Aviation Authority has decided to suspend flights from all Greek airports to and from North Italy on Monday. “All flights to and from Northern Italy are suspended from all Greek airports and for
Greek Bishop “discovers” drug against coronavirus: Holy Water
Retired Greek Orthodox bishop Amvrosios presented to the faithful the “absolute” medication against the coronavirus: a small spray container full of Holy Water. This is the “eternal and indefinable” protection, he claimed. The former Bishop
Athens stock exchange tumbles as world markets get infected by Coronavirus panic
The Athens Stock Exchange plunged 13.39 percent on Monday, as investors worldwide react to the coronavirus and the oil price war launched by Saudi Arabia overnight. OPEC and Russia added to the worst one-day crash
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
Elderly member of Greek minority found murdered on Turkish island of Imvros
An elderly Greek man was found dead and tortured on the Turkish island of Imvros that is home of a small Greek community. 86-year-old Zafiris Ignaris (Piyanari) was found on Monday night. He was tied
Barnier: EU ready to respond to Turkish provocations
Michel Barnier, the European Union’s chief negotiator for Brexit, reiterated on Monday EU readiness to respond accordingly in case Turkey carries out illegal hydrocarbon drilling activities, noting that the EU stands clearly behind Cyprus. Barnier,
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
EU warns Turkey against ‘illegal’ Cyprus drilling
The EU on Monday warned Turkey not to press ahead with exploratory drilling for oil and gas off Cyprus, calling the plan illegal and vowing to “respond appropriately”. The bloc’s diplomatic chief Federica Mogherini said
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
