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The Albanese government has abruptly withdrawn its proposal to reduce rural speed limits to as low as 70 km/h, following a wave of public anger and rare internal dissent from Labor MPs.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
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Exact replica of Nike of Samothrace awaiting to be transferred to home island
An exact replica of the iconic marble sculpture of Nike of Samothrace, one of the most spectacular exhibits in the Museum of the Louvre, has been temporarily placed in the city of Alexandroupolis, NE Greece,
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
Greek foreign ministry reacts to Erdogan comments on military flights in Aegean
Athens immediately responded on Friday to inflammatory statements a day earlier by Turkish President Recep Tayyip Erdogan, who, among others, said “we (Turkish military) scramble aircraft in the Aegean, as long as the Greeks do
Lack of new framework to protect primary residences blocks disbursement of €970 mln to Greece
Eurozone finance ministers – the Eurogroup venue – on Monday did not approve the disbursement of a 970-million-euro tranche to Greece, a more-or-less expected development linked with a failure to finalize a new legal framework
Mitsotakis to CNN: Greece will be a ‘positive surprise’ in terms of investments in next 2-3 years
Main opposition New Democracy (ND) party leader Kyriakos Mitsotakis stuck to his pro-reform and pro-market message during an interview with CNN on Monday, as he continued a visit to the United States amid opinion polls
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
Israel orders Doctors Without Borders to halt operations in Gaza by February 28
Israel has announced it will terminate the activities of Doctors Without Borders (Médecins Sans Frontières – MSF) in the Gaza Strip by February 28, citing the organisation’s refusal to provide a list of its Palestinian
Gold and silver plunge as trump’s fed pick sparks $US 15 trillion market wipe-out
Global precious metals markets suffered a dramatic sell-off after US President Donald Trump announced his nomination of Kevin Warsh as the next chair of the Federal Reserve, triggering what analysts described as one of the
Great Power Shield: China & Russia naval move forces Trump into strike-or-stand-down moment
Updated Strategic Assessment (Early hours of Friday, 30 January) The intelligence “wild card” long concealed by Tehran has now been revealed. The entry of China and Russia into the maritime theatre — specifically the Sea
Israel sends shockwaves: “Half of Cyprus is under Turkish occupation and the world looks away”
Israel sends shockwaves: “Half of Cyprus is under Turkish occupation and the world looks away”, as Israel has once again expressed support for Hellenism through a pointed public intervention highlighting the unresolved occupation of the
Strike on Iran looms as Trump issues ‘Ultimatum’ and explicit threat via social media
Strike on Iran looms as Trump issues ‘ultimatum’ with explicit social media threat as geopolitical tensions surge once again. In a move that sharply escalates the crisis, US President Donald Trump on Wednesday, 28 January,
Macron bans social media for children under 15, mobile phones banned in French schools
French President Emmanuel Macron has announced a major policy change that will ban social media use for children under the age of 15 and prohibit mobile phones in schools across France starting from the next
