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
Unaccompanied teen migrant accused of fatally stabbing compatriot at Lesvos ‘hotspot’
A minor from Afghanistan, reported as being roughly 15-years-old, was arrested at a “hotspot” on the eastern Aegean island of Lesvos (Mytilene) overnight after he allegedly fatally stabbed a compatriot, also identified as a teenager.
First corporate-business tax cut ‘fixed’, according to Greek PM Mitsotakis
Another highlight from Greek PM Kyriakos Mitsotakis’ wide-ranging interview to “Le Figaro” this week was an announcement that the first reduction in the corporate tax rate, from 28 to 24 percent, for 2019 profits has
Fotis Kontoglou
In 330 AD the Roman Emperor Constantine the Great, also known as Constantine I, moved the seat of the Roman Empire to Constantinople, a city known previously as Byzantium, strategically located on main trade route
Greek gov’t to end flight delays with urgent measures
The Greek government has issued several urgent measures in an attempt to reduce a growing problem in Greece. On the surface, all is well as the country’s tourism sector continues to grow. According to the
Two Greek beaches on another global ‘Top 50 list’
Two Greek beaches are included in the “Top 50” issued by the Big 7 Travel website, namely, Elafonissos on Crete, where rare and protected “pink sands” are found, and jet-setting Mykonos’ more secluded Psarou. The
“Apodixi please”: Greece’s campaign to inform tourists about tax evasion
The Greek authorities launched recently the campaign dubbed ”Apodixi, Please”, meaning ”Receipt, Please”, in order to inform tourists on how to ask for a receipt from business owners, in order to reduce tax evasion 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
Venezuela declares UN High Commissioner for Human Rights, Volker Turk, persona non grata
In a significant diplomatic development, the Venezuelan National Assembly has declared Volker Turk, the United Nations High Commissioner for Human Rights, persona non grata. This decision came after recent criticisms from his office regarding the
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
European Commission accepts 10% universal tariff from Trump – What it wants in return from the U.S.
The European Commission is willing to accept a trade agreement with the United States that includes a universal 10% tariff on its exports, but it seeks commitments from Washington to lower tariffs in key sectors
China warns Australia: Don’t be dragged into NATO’s military spending push
China’s Ambassador to Australia, Xiao Qian, has issued a strong rebuke of NATO’s new military spending target, warning the Albanese government not to fall in line with what Beijing sees as a dangerous escalation of
Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,
Senior Hamas leader killed in Israeli airstrike
The Israel Defense Forces (IDF) have announced the killing of a founding member of Hamas and one of the chief architects of the October 7 massacre during a targeted airstrike in the Gaza Strip. Hakeem
