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
National Cabinet agrees to record hospital funding and major NDIS reforms
National Cabinet has reached a landmark agreement to deliver record levels of funding for state and territory hospitals while implementing significant reforms aimed at securing the long-term sustainability of the National Disability Insurance Scheme (NDIS).
Inflation bites again as rising prices intensify Australia’s cost-of-living crisis
Australia is facing a renewed inflationary surge that is intensifying cost-of-living pressures for households and driving expectations of interest rate increases in the first quarter of 2026. Latest data from the Australian Bureau of Statistics
Tens of thousands rally across Australia on Australia Day amid police presence and rival demonstrations
Tens of thousands of people took part in rallies and protests across Australia on January 26, 2026, marking Australia Day events that were met with significant police preparation and deployment. Major demonstrations were held in
Prime Minister urges national unity as Australia marks Australia Day
Prime Minister Anthony Albanese has called on Australians to come together on Australia Day, describing the national holiday as an opportunity to reflect on shared values and what unites the country. Millions of people across
Greek-Australians honoured in the 2026 Australia Day awards
Australians of Greek heritage have been prominent among the recipients of the 2026 Australia Day honours, recognised for distinguished service in law, community support, education, health, emergency services and policing. The annual list highlights contributions
Littleproud stops short of denying call for Ley to resign as Coalition split deepens
Nationals Leader David Littleproud has declined to deny reports that he urged Opposition Leader Sussan Ley to resign during a heated phone call, as leadership tensions intensify following the Coalition’s second rupture in just a
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’s out of touch government played and lost in Ukraine
Veteran journalist and Kathimerini director Alexis Papachelas has criticised the Mitsotakis government’s handling of foreign policy, stating that Greece’s out of touch government played and lost in Ukraine. During a recent Prime Time broadcast on
Victorian Government bows to Turkish lobby, denying Christian Genocide
Today, Turkey’s Christians (Greeks, Armenians, and Assyrians) comprise only around 0.1% of the population despite being indigenous peoples of the land. A significant reason for this population collapse is the Christian genocide committed by the
EU cancels Turkey’s “Turkaegean” Trademark
Greece has secured a major legal victory as the EU cancels Turkey’s “Turkaegean” Trademark. The European Union Intellectual Property Office (EUIPO) cancelled Turkey’s controversial “Turkaegean” trademark, citing cultural and economic concerns. The decision announced on
A legacy of weakness, concessions, and economic disasters
Former Greek prime minister Costas Simitis, who led the country into the European Union’s single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese. While most mainstream media are
Four days of national mourning for Costas Simitis
Greece has declared four days of national mourning for former Prime Minister Costas Simitis, who passed away unexpectedly on January 5 at the age of 88. Flags are flying at half-mast across government buildings and
Embracing the spirit of the Greek New Year’s Eve traditions
It wasn’t until Roman influence spread throughout Greece that New Year’s celebrations became more widespread. But how does this relate το Embracing the spirit of Greek the New Year’s Eve traditions ? Julius Caesar 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
Pipeline Wars Revisited
Pipeline wars are often overlooked in the scheme of things, where pipelines represent competing national interests of a purely economic sort, beyond the usual political rhetoric surrounding ideology and demagoguery. Because a gas pipeline transports
Cyprus repays remainder of Russian loan, two years early
Cyprus’ finance minister said on Monday that the country has repaid ahead of schedule the remaining 1.58 billion euros ($1.73 billion) of a 2.5 billion euro ($2.74 billion) loan it received from Russia in 2011
What is going on in Libya?
Libya is now ruled by the Government of National Accord (GNA). The GNA is recognized by the UN and holds Tripoli but little else. The situation is immensely complex and forever in flux. For eight
US slaps new tariffs on China; One minute later China retaliates
The biggest reason for last week’s torrid stock market rally was rekindled “optimism” that the escalating trade war between the US and China may be on the verge of another ceasefire following phone conversations, fake
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
US demands that Turkey should cease all activity in Cyprus waters
The US State Department has called on the Turkish authorities to remove its drilling vessels from the territorial waters around Cyprus and to cease immediately any “unlawful activities”. The demand comes as Turkey has established
