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
The dilemma of the election
The current accumulation of political events and developments is unprecedented in the over decade-long economic crisis. Political time is teeming with activity at the supposed end of the great crisis. The Macedonian naming issue, the
Cyprus First, Greece Third in Reception of European Social Funds for 2018
The Republic of Cyprus ranked first, and Greece third, among EU member states in cumulative payments made from the European Social Fund in 2018. This disclosure comes from a statement made by the Cypriot Labor,
Proposed 350 Million Euro investment for Cannabis production in Greece
A total of thirty separate proposed foreign investments in medical and industrial cannabis production have been submitted to Greek authorities for approval, it was revealed on Sunday. According to sources quoted by the Athens-Macedonian News
Greek Ministry of Justice refutes reports on terrorist Koufontinas’ new furlough
The Greek Ministry of Justice, Transparency and Human Rights denied Saturday reports suggesting that the terrorist of “November 17” group Dimitris Koufontinas was granted another 6-day furlough. Earlier on Saturday, many Greek media outlets reported that
North Macedonia term “compulsory from next week” Greek Foreign Ministry says
North Macedonia, which is the new name of the Former Yugoslav Republic of Macedonia (FYROM), “will have to be used by every part” from next week, Greece’s Alternate Foreign Minister George Katrougalos said, speaking with
High rents force Mykonos’ businesses to shut down
The high prices owners demand from businessmen to pay for rent at Mykonos‘ highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously
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 declares UN High Commissioner for Human Rights, Volker Turk, persona non grata
In a significant diplomatic development, the Venezuelan National Assembly has declared Volker Turk, the United Nations High Commissioner for Human Rights, persona non grata. This decision came after recent criticisms from his office regarding the
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
European Commission accepts 10% universal tariff from Trump – What it wants in return from the U.S.
The European Commission is willing to accept a trade agreement with the United States that includes a universal 10% tariff on its exports, but it seeks commitments from Washington to lower tariffs in key sectors
China warns Australia: Don’t be dragged into NATO’s military spending push
China’s Ambassador to Australia, Xiao Qian, has issued a strong rebuke of NATO’s new military spending target, warning the Albanese government not to fall in line with what Beijing sees as a dangerous escalation of
Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,
Senior Hamas leader killed in Israeli airstrike
The Israel Defense Forces (IDF) have announced the killing of a founding member of Hamas and one of the chief architects of the October 7 massacre during a targeted airstrike in the Gaza Strip. Hakeem
