Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
Buying a home is tough for young people so how do some manage?
For many young Australians, breaking into the housing market feels tougher than ever, with many fearing they may never own a home. Public debates continue over whether it is harder now than decades ago. Buying
Scientists create first kangaroo embryo via IVF
Scientists have successfully created the first kangaroo embryo through in vitro fertilization (IVF), a breakthrough hailed as a “pioneering achievement” that could one day help save endangered species. According to CNN, this innovative research may
Message of His Eminence Archbishop Makarios of Australia on the floods in northern Queensland
Dearly beloved, It is with sadness of heart that we see thousands of our fellow persons facing dire situations, and some who have lost their lives because of the recent devastating floods that have affected
Australia bans DeepSeek on government devices over security concerns
Australia has banned the use of DeepSeek on all government devices, citing security risks associated with the Chinese artificial intelligence startup. The government announced the decision, following concerns over potential threats to national security. The
Changes to the way paracetamol is sold come into effect from February 1
Changes in the way the common painkiller paracetamol is sold come into effect from tomorrow. From February 1, 2025, non-pharmacy retailers like supermarkets can only sell 16-tablet packs of paracetamol, rather than the 20-tablet
Two Homelands: A film about Cyprus and its history
The film “Two Homelands” is both a remembrance of war and a celebration of community. Two Homelands: A film about Cyprus and its history. Fifty years after the Turkish invasion of Cyprus, six elderly Greek
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Greece moves to clamp down on migrant arrivals from Libya with detention and asylum ban
As arrivals spike in Crete, the government revives 2020 border strategies and seeks deeper cooperation with Eastern Libya The Greek government has announced tough new measures to curb illegal immigration from North Africa, particularly from
Greece tables emergency asylum bill – Immediate deportations for illegal entries from North Africa
The Greek Parliament is debating today a controversial emergency amendment that imposes a three-month suspension on asylum applications by individuals entering the country illegally via sea routes from North Africa. The amendment, attached to a
4.4 Magnitude earthquake strikes off Amorgos coast – no damage reported
A magnitude 4.4 earthquake struck off the coast of Amorgos in the early hours of Thursday, sparking concern among residents but causing no reported damage or injuries. According to the Geodynamic Institute of Athens, the
Oropos fire: Fierce overnight battle with flames – improvement in Asprochori, concerns shift to Sykamino
A large wildfire continues to burn in the Oropos region of Attica, with two active fronts threatening local communities. One front is advancing toward Asprochori and the other toward Sykamino, where the situation is currently
Greece Plans Detention Centres in Crete After Diplomatic Rift with Libya
Following a diplomatic incident in Benghazi that saw Field Marshal Khalifa Haftar expel a European migration delegation, the Greek government is preparing a new wave of strict measures to stop migrant arrivals from Libya to
Mitsotakis knew everything about the OPEKEPE scandal
“We failed. Trading for a few votes is unacceptable.” Mitsotakis knew everything about the OPEKEPE scandal. There are more scandals, at least two more to be revealed, and there are elections on the horizon as
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
