
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

Speedway horror in Walcha: Car ploughs into crowd, nine injured, one critical
A speedway event in regional New South Wales descended into chaos on Saturday evening when a racing vehicle broke through a barrier and slammed into spectators, leaving nine people injured—one of them fighting for his

HACCI honours excellence across the Hellenic-Australian community at the 2025 Gala Awards
The Hellenic Australian Chamber of Commerce and Industry (HACCI) celebrated its 39th consecutive year of honouring excellence, leadership, and service within the Hellenic-Australian community, hosting the 2025 HACCI Excellence Awards Gala Ball at Melbourne’s iconic

Aged care bed numbers collapse as national capacity crisis deepens
Australia’s aged care system is facing a severe capacity collapse, with a new industry report revealing that just 578 new residential aged care beds were added nationwide in the last financial year — even fewer

Julia Gillard warns Australia’s under-16 Social Media Ban “does not go far enough”
Former Australian prime minister Julia Gillard has called for far tougher regulation of social media platforms, arguing that the nation’s world-first ban on under-16s accessing social media is only “a start” and falls short of

China pushes back after ASIO chief warns of cyber-espionage threat
China has sharply rejected Australia’s latest security warning, after ASIO Director-General Mike Burgess revealed that two foreign hacking groups are capable of infiltrating Australia’s critical infrastructure and potentially causing major disruption. Speaking yesterday, Burgess did

Australian Liberal Party abandons Net Zero policy amid internal divisions
In a dramatic shift, the federal Liberal Party has officially abandoned its policy of achieving net zero carbon emissions by 2050, while committing to remain part of the Paris Agreement and acknowledging a carbon-neutral future

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

Greece ejects Turkey’s objections to updated Maritime Spatial Planning Map
Greece has firmly dismissed Ankara’s latest objections to the updated Greek Maritime Spatial Planning (MSP) map uploaded to the European Commission’s platform, stressing that Turkey’s claims lack any basis in European or international law. In

The Norwegian energy success story and what Greece can learn
As part of my ongoing analysis on NewsBreaks artilce regarding energy policy and national resource management, Michalis Christodoulides examine here how Norway transformed its hydrocarbon reserves into a long-term national advantage — and what lessons

“Medusa 14”: A Greek–Egyptian message of strength and deterrence in the southeastern Mediterranean
The large-scale air–naval exercise “Medusa 14” is in full progress in the wider area of Alexandria, Egypt, from 16 to 26 November. The exercise, which began a decade ago as a bilateral joint-operation initiative between

Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the

“His hand worked like a compressor, it was brutal” – Eyewitnesses describe 29-year-old’s fatal beating of 58-year-old in Neos Kosmos
Eyewitnesses have described extreme violence in the assault that led to the death of a 58-year-old man in Neos Kosmos. The 29-year-old attacker reportedly targeted the man because he had blocked him on the road.

Dendias’ stark message on war casualties alarms Europe
A storm has erupted in recent days over Defence Minister Nikos Dendias’ deeply unsettling comments about a supposed shift in Europe’s “culture of sacrifice”. Dendias’ stark message on war casualties alarms Europe and Greece. In

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

Three Hamas members arrested in Germany
Planned terror attacks against Jewish institutions – weapons seized during raid German authorities have arrested three men suspected of being members of Hamas, accused of plotting terror attacks on Jewish and Israeli institutions across Germany.

EU leaders approve pan-European anti-drone shield
“Frozen” Russian assets to fund Ukraine’s defence – Strategic readiness by 2030 European Union leaders have agreed to create a pan-European anti-drone shield, aiming to protect the continent from Russia’s growing use of unmanned aerial

Israeli commandos raid Gaza Aid Flotilla – Greta Thunberg detained amid communications blackout
A dramatic maritime confrontation unfolded late Wednesday when Israeli naval forces intercepted multiple vessels from the Global Sumud Flotilla, a pro-Palestinian convoy sailing towards Gaza to break the blockade and deliver humanitarian aid. According to

US enters shutdown for first time since 2018: what it means and who is affected
The United States officially entered a government shutdown at midnight on Tuesday (2 p.m. Wednesday Melbourne time), after Republicans and Democrats failed to reach an agreement on federal spending. The shutdown is expected to place

China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the

Tragedy in the Philippines: At least 26 dead after 6.9-magnitude earthquake – Buildings collapse, dramatic footage emerges
A devastating 6.9-magnitude earthquake struck Cebu Island in the Philippines, leaving at least 26 people dead and 147 injured, according to local media. The quake, which hit late Tuesday night, caused widespread destruction, triggering landslides,

