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
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
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
French Government takes a stand against Muslim Brotherhood (At Last)
France’s interior minister, Gérald Darmanin, has declared his intention to “combat the Muslim Brotherhood,” signaling a long-overdue crackdown on the group. According to intelligence reports, the Muslim Brotherhood, advocating for a global caliphate, has seen
China’s Chang’e 6 mission and the vision of “The High Frontier”
There are a lot of questions on the launch of China’s Chang’e 6 mission on May 4th, 2024 to get samples – for the first time – from the far side of the moon. We
The US has unequivocally lost the race for supremacy
This situation is quite confussing. The American Enterprise Institute (AEI), arguably the most hawkish Think Tank in the US, inadvertently undermined themselves with this revelation. If their adjustments for China’s defense spending are accurate, it
USA: Protesters besiege universities
The situation at dozens of universities in the United States, where violent clashes have broken out between pro-Palestinian protesters and opposers for the war in Gaza, remains volatile. Police authorities have arrested more than 1,500
Ukraine: 25,000 Russian troops besiege town of Chashiv Yar
The dangerous situation in Ukraine is worsening as Russia has sent up to 25,000 troops to besiege the town of Chashiv Yar and surrounding villages in eastern Ukraine. Reports from the Ukrainian army describe a
Important discussions on the return of the Parthenon Marbles to Greece: Mayor of London proposes sharing
The Mayor of London, Sadiq Khan, has sparked an important debate by proposing that the Parthenon Marbles be shared between the British Museum and Greece. In an interview, he expressed his desire to see these
