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The Albanese government has abruptly withdrawn its proposal to reduce rural speed limits to as low as 70 km/h, following a wave of public anger and rare internal dissent from Labor MPs.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
Farmers begin airport blockades: “This is a warning – we are not backing down”
Greek farmers are escalating their nationwide mobilisations, warning the government that symbolic road and border blockades are only the beginning. Speaking to journalists, representatives from agricultural unions insist they “will not retreat unless justice is
Pavlos Kontogiannidis launches fierce attack on Alexis Tsipras over new party plans
Greek actor and former MP Pavlos Kontogiannidis has issued an unusually harsh public critique of former prime minister Alexis Tsipras, accusing him of hypocrisy, political opportunism and an attempt to launch a new political party
First Greek defence and security micro-satellites successfully launched
Greece has officially entered the space age with the launch of its first Greek micro-satellites for Defence and Security on 28 November, from the Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in
Tsipras announces plans for a new “progressive party” focused on self-organization
Former Prime Minister Alexis Tsipras announced plans for the creation of a new political movement aimed at reorganizing the progressive space in Greece, during a high-profile event at the Pallas theater. Speaking in front of
Farmers stage roadblocks across Macedonia ahead of major protests
Farmers and livestock breeders in Macedonia and Thrace are preparing major roadblocks, with key sites targeted in Thessaloniki, Halkidiki, and the Evros region. On Friday (December 5), farmers from Epanomi, Trilofos, Vasilika, Halkidiki, Galatista, and
Chatzidakis: With a fairer system, the country will not lose a single euro in agricultural subsidies
Greek Deputy Prime Minister Kostis Chatzidakis provided detailed information on the government’s agricultural subsidy plan, following recent announcements. Speaking to Alpha TV, he said that Greek farmers will receive a total of €3.7 billion this
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
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
Deported neo-Nazi protester arrives in South Africa after visa cancellation
A South African national who took part in a widely condemned neo-Nazi demonstration in Sydney has arrived back in Johannesburg after being deported by Australian authorities. Matthew Gruter, 35, was removed from the country following
