Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
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
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
Dendias: Greece moves ahead with Two Bergamini frigates – major steps to strengthen the Navy
Greece is moving swiftly to reinforce its Navy, as the deal for two Italian Bergamini-class frigates is expected to be finalised on Monday. Defence Minister Nikos Dendias informed Parliament’s Defence Committee that the Hellenic Navy
Sokratis Famellos: “It is Time for a common progressive response to today’s challenges”
SYRIZA – Progressive Alliance president, Sokratis Famellos, delivered a strong message of political readiness and coalition-building during a meeting of the party’s Political Secretariat. Famellos stressed that both domestic and global developments make it imperative
Mitsotakis at Greek-American community luncheon: Greece returns strongly
Greek Prime Minister Kyriakos Mitsotakis addressed a luncheon organized by 28 Greek-Australian organizations, highlighting the progress of the Greek economy and the return of young Greeks from abroad. Mitsotakis described it as a “privilege” to
Mitsotakis at UN: Considering a ban on social media for children under 16
Greek Prime Minister Kyriakos Mitsotakis, speaking at the “Protecting Children in the Digital Age” event hosted by Australia during the 80th UN General Assembly in New York, announced that Greece is seriously considering banning social
Mitsotakis–Erdogan meeting in New York likely to be cancelled – “Extremely difficult,” Greek government sources say
The scheduled meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan in New York appears to be heading toward cancellation. According to a senior government source, holding the meeting now seems
Metron Analysis poll: New Democracy leads, opposition fragmented
A new Metron Analysis poll for Mega shows New Democracy holding a 14.6-point lead over PASOK, which shows a slight increase since June. SYRIZA remains in sixth place with 6.2%, while KKE records a small
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
Trump found guilty – becomes first former U.S. president convicted of felony crimes
Donald Trump became the first former American president to be convicted of felony crimes Thursday as a New York jury found him guilty of all 34 charges in a scheme to illegally influence the 2016
Climate change causes 26 extra days of extreme heat in 2023
The world experienced an average of 26 more days of extreme heat over the last 12 months that would probably not have occurred without climate change, a report said on Tuesday. The report was published
Ireland, Norway, and Spain announce recognition of the Palestinian state
Norway will recognize an independent Palestinian state in the hope that this will help bring peace with Israel, Prime Minister Jonas Gahr Stoere announced on Wednesday. Ireland, Norway, and Spain announce recognition of the Palestinian
Genocide of the Greeks – the systematic ethnic cleansing of the Greek population from its historic homelands
The Greek genocide, part of which is known as the Pontic genocide, was the systematic ethnic cleansing of the Christian Ottoman Greek population from its historic homeland in Asia Minor, central Anatolia, Pontus, and the
Slovak PM Robert Fico expected to survive; Mainstream media appears to justify assassination attempt
Prime Minister Fico is said to be improving, following reports that he was in surgery due to several gunshot wounds from the Wednesday assassination attempt. Deputy Prime Minister Tomas Taraba has told the BBC he “is
BRICS bet on Blockchain: An amazing “Politics-Free” payment system, by 2024
The BRICS nations (Brazil, Russia, India, China, and South Africa) have set their sights on a new frontier: BRICS bet on Blockchain: An Amazing “Politics-Free” payment system, by 2024, a blockchain-based payment system designed to
