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
Greek gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
PM Mitsotakis: By 2023 Greeks living abroad will be able to vote per post
“By 2023 you will finally be able to vote from your permanent place of residence,” Prime Minister, Kyriakos Mitsotakis, told the Greek-American community of Astoria during his visit to New York. One of the key
Gold mask, bronze helmets uncovered at ancient cemetery of Macedonian warriors
Archaeologists in northern Greece have uncovered a gold mask and bronze helmets from a vast ancient cemetery at Ahlada, near the town of Florina. In a statement Friday, the Culture Ministry said the most impressive
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
Venezuela orders PDVSA to relocate to Moscow; Putin affirms support to Maduro
President Nicolas Maduro instructed the Lisbon branch of PDVSA to relocate to Moscow A top Venezuelan official has announced that President Nicolas Maduro has ordered national oil and gas company PDVSA to close its current
The CIA is using Turkey to pressure China
While Turkey has fostered economic links with China in order to solve its economic crisis, it has also publicly denounced the repression of the Uyghurs, basing its accusations on false information. Beijing sent a very
Turkish occupying troops advance positions in Cyprus
The Cypriot government announced on Friday that it is working in cooperation with the UN peacekeeping force to resolve tensions following an advance of the Turkish army inside Cyprus. Cyprus State radio (CyBC) said the
Greece blasts BBC for report on non existant “Oppressed Macedonian Minority”
Greece’s Ambassador to the UK, Dimitris Karamitsos-Tziras, send a letter of complaint to the BBC on Monday, following a report which spoke of the existence of a “Macedonian minority” in the country. Karamitsos-Tziras said the
Saker interview with Michael Hudson on Venezuela
There is a great deal of controversy about the true shape of the Venezuelan economy and whether Hugo Chavez’ and Nicholas Maduro’s reform and policies were crucial for the people of Venezuela or whether they
Council of Europe condemns Sharia councils in UK for contradicting Human Rights
Sharia Law is a legal system which regulates the lives of devout Muslims and is based on religious precepts and the text of the Quran. The exact number of Sharia councils operating in England and
