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
APRA to cap high-risk home loans amid housing boom
Australia’s banking regulator, the Australian Prudential Regulation Authority (APRA), will impose limits on high-risk home loans starting February 1, aiming to curb the rapid buildup of household debt. APRA announced that no more than 20
Australia faces shortfall in 2030 and 2035 climate targets, minister warns
Australia is projected to narrowly miss its 2030 climate target and is at serious risk of failing its 2035 target without significant policy changes, Climate Change Minister Chris Bowen has warned. Speaking to Parliament in
Australian inquiry alleges Mormon Church exploited tax loophole and operates as a cult
A government inquiry in Australia has received submissions claiming that the Church of Jesus Christ of Latter-day Saints (LDS Church), commonly known as the Mormon Church, functions as a cult and has allegedly exploited a
Inflation surge crushes hopes of interest rate cut in 2025
Australia’s inflation has risen again, effectively eliminating any realistic prospect of an interest rate cut in 2025 and even reviving concerns that the Reserve Bank may be forced to lift rates further. New data from
Albanese government retreats on rural speed-limit cuts after fierce backlash
The Albanese government has abruptly withdrawn its proposal to reduce rural speed limits to as low as 70 km/h, following a wave of public anger and rare internal dissent from Labor MPs. The plan, part
NSW to roll out digital birth certificates for young people aged 16–21
Young people in New South Wales will soon be able to access a digital birth certificate on their mobile phone for the first time, as part of a major step towards modernising identity documents across
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
Trilateral Summit sends clear message to Ankara: “Do not even think of reviving empires”
A strong geopolitical message was sent from Jerusalem on Monday following the completion of the 10th Trilateral Summit between Greece, Cyprus, and Israel, as Prime Minister Benjamin Netanyahu issued a pointed warning to those “who
PASOK intensifies internal debate over potential alliances – Geroulanos rules out ND, Kastanidis open to Tsipras dialogue
Intense discussions are underway within PASOK ahead of the party’s upcoming congress, as leaders debate the strategic direction and potential alliances. Former minister Pavlos Geroulanos has firmly rejected any possibility of a coalition with the
Greek Prime Minister to visit Jerusalem for trilateral summit with Cyprus and Israel, talks also planned with Palestinian leadership
Greek Prime Minister Kyriakos Mitsotakis will travel to Jerusalem on Monday to take part in a high-level trilateral summit between Greece, Cyprus and Israel, as regional diplomacy intensifies amid shifting geopolitical dynamics in the Eastern
PULS missile system paves the way for Greece’s “Achilles Shield” as defence cooperation with Israel and UAE deepens
Greece is moving decisively to strengthen its military deterrence, following parliamentary approval for the acquisition of the Israeli-made PULS multiple rocket launcher system, a key component of the country’s planned multi-layered air and missile defence
Joint αir defence network between Israel, Greece and Cyprus
Israelis: “Deterrence of Turkey Is the Objective” The prospect of a joint air defence network between Israel, Greece and Cyprus — based on interoperable systems operating within a network-centric framework — represents a truly landmark
Smaragdis: “I received threats over the film Kapodistrias”
The official premiere of Giannis Smaragdis’ new film, Kapodistrias, was marked by intense emotion, as the acclaimed director spoke publicly — with rare candour — about the loss of his wife, Eleni Smaragdi, to whom
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
Libyan military chief killed in Falcon 50 jet crash in Ankara
A private Falcon 50 jet crashed near Ankara on Tuesday evening, killing all five people on board, including Libya’s Chief of the General Staff, General Mohamed Ali Ahmed Al-Haddad. The aircraft had departed from Ankara
Mitsotakis meets Abbas in Ramallah: Greece supports peace in Gaza
Greek Prime Minister Kyriakos Mitsotakis met with Palestinian Authority President Mahmoud Abbas on Monday in Ramallah, ahead of his visit to Jerusalem and participation in the Greece–Cyprus–Israel trilateral summit. Support for the Palestinian Authority and
Israeli Foreign Minister urges Jews to move to Israel amid rising antisemitism in the West
Israeli Foreign Minister Gideon Saar has urged Jews living in Western countries to relocate to Israel, warning that antisemitism is on the rise across Europe, North America and Australia. Speaking on Sunday during a public
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European
Washington concedes strategic defeat in Ukraine
Washington concedes strategic defeat in Ukraine as the era of grand declarations about “imminent victory” and the unwavering defence of democracy appears to be drawing to a close. The curtain has been pulled back —
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes
