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
Greek FM summons Turkey’s Ambassador over mass migrants’ arrivals
Foreign Minister Nikos Dendias summoned the Turkish ambassador to Athens in order to express Greece’s deep dissatisfaction over the increased influx of migrants from Turkey, that culminated with the unprecedented mass arrivals of more than
Major spike in number of illegal migrants, would-be asylum seekers landing in Lesvos last week
A significant spike in the number of small craft carrying third country nationals, mostly Afghans, to the eastern Aegean island of Lesvos (Mytilene) was recorded on Thursday, with no less than 13 flimsy inflatable vessels
Cosco-led Piraeus Port Authority submits revised master plan; worth 800 mln€
A revised master plan by the Cosco-managed Piraeus Port Authority was tabled on Friday for review by a shipping ministry ports committee in the coming period. The revised master plan, which according to the port
Mitsotakis to Observer: Athens will ask for loaning of Parthenon Marbles amid 2021 series of events
Greek Prime Minister Kyriakos Mitsotakis referred to the “loaning” of the Parthenon Marbles – 14 friezes or metopes – from the British Museum in London to Greece on the occasion of the 200th anniversary of
Greek state collects 1.138 bln€ with 26-week T-bills issue; yield at 0.15%
Demand for a new tranche of 26-week T-bills was slightly down on Wednesday, compared to similar issues over the past few months, with an auction of 875 million euros of paper attracting bids of 1.536
Teenager killed in horrific accident at Greek amusement park
A 14-year-old girl was killed on Friday at a horrific accident in an amusement park near the Greek sea-side city of Volos. The accident happened at the town of Almyros when the teenager fell from
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
Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
“These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” said Donald Trump in a statement. President-elect Donald Trump announced
A shadow ‘financial crisis’ has cost the world $2 trillion
Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. That’s a
The narrative changes as the Ukrainian proxy war is lost
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Gideon Saar’s Bold Vision: A New Era in Israel-Kurdish Relations
In his inaugural address as Foreign Minister, Gideon Saar articulated his vision for Israel’s foreign policy, emphasising the importance of building alliances with minority groups in the Middle East. In Gideon Saar’s Bold Vision: A
Trump and Putin discuss Ukraine resolution in first Post-Election call
President-elect Donald Trump has swiftly set his sights on resolving the ongoing conflict in Ukraine. It has come to light that he held a phone conversation with Russian President Vladimir Putin last Thursday, marking their
Donald Trump elected 47th president of the United States
Donald Trump will return to the White House after being elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago.
