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
Austerity, unemployment behind ND lanslide
‘I am committed to fewer taxes, many investments, for good and new jobs, and growth which will bring better salaries and higher pensions in an efficient state’ Mitsotakis said. Greece’s opposition conservatives returned to power
Mitsotakis to CNBC: Talks with European partners will begin immediately; ND has presented a clear plan, ‘without surprises’
Kyriakos Mitsotakis’ first press statements after Sunday’s election victory by his center-right New Democracy (ND) came during an interview to CNBC, where he expressed gratitude over the election result – which will make him prime
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
More than one in four young Greeks are not working or studying
More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union,
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
NATO on high alert after Putin’s provocations – Emergency council meeting next week
The West has gone on high alert following a series of new Russian provocations that escalated tensions in the Baltic region. NATO Secretary-General Mark Rutte praised the Alliance’s “swift and decisive response,” noting he held
Erdogan–Trump: Secret talks, upgraded contacts, and growing concerns for Greece
The revelation of a surprise meeting between Recep Tayyip Erdoğan and Donald Trump Jr. in Istanbul—combined with the upcoming official Erdoğan–Trump meeting at the White House on September 25—has sent shockwaves through regional diplomacy and
UN: Overwhelming approval for Palestinian participation – A strong signal amid geopolitical tensions
On Friday (September 19), the United Nations General Assembly overwhelmingly approved—by 145 votes in favor, only 5 against, and 6 abstentions—a resolution granting Palestine participation rights in the proceedings of the 80th Session as a
Bulgaria boosts Air Force readiness to defend national airspace
€3.27 billion EU funding secured for defence modernization Bulgaria’s Air Force is on full operational alert to defend the nation’s airspace, either independently or as part of NATO’s Integrated Air and Missile Defence System. Defence
Albanese embarks on pivotal tour to US, UK and UAE – First UNGA address as Prime Minister
Australian Prime Minister Anthony Albanese departs today for a three-nation diplomatic mission covering the United States, the United Kingdom and the United Arab Emirates. The trip marks his first address to the United Nations General
Furious reactions at UN Security Council after new US veto on Gaza ceasefire resolution
The United States once again blocked the adoption of a UN Security Council resolution calling for a ceasefire and humanitarian access in Gaza, provoking widespread anger among member states. Fourteen members voted in favor, but
