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
“Fakelaki” scandal in Athens: Surgeon Dimitris Lymberiadis faces trial over alleged bribe – Patient’s wife recounts her ordeal
The director of cardiac surgery at Athens’ Hippocrateion Hospital, Dimitris Lymberiadis, faces trial today on misdemeanor bribery charges after allegedly demanding a €3,000 cash bribe from a patient’s wife. The complainant, Sofia, who alerted the
SYRIZA infighting escalates: Famellos–Tsipras rift sparks party unity crisis
Tensions within Greece’s SYRIZA-Progressive Alliance party are reaching a boiling point after party leader Sokratis Famellos openly dismissed rumors that former prime minister Alexis Tsipras may form a new political party. Speaking at the 89th
Athens blocks Turkey’s bid to join SAFE: “We will not accept a country threatening with war”
The Greek government has issued a firm warning that it will block Turkey’s bid to join SAFE, the EU’s new defense shield and military technology development program. Ankara’s move is viewed in Athens as “offensive
Heart surgeon Dimitris Lymberiadis, who faces new bribery trial, has past conviction
Dimitris Lymberiadis, director of the Cardiac Surgery Clinic at Hippocrates Hospital, is set to face trial this Friday, September 12, for alleged bribery. The doctor has a previous conviction for taking bribes, having received a
“Kimon” to arrive soon in Phaleron Bay – Greece receives first Belharra frigate
In a landmark announcement, Greece’s Defence Minister Nikos Dendias confirmed that the country’s first Belharra-class frigate, named Kimon, will arrive in Phaleron Bay within the coming weeks. The vessel marks a decisive step in modernising
Strengthened dialogue between State and Church in Mitsotakis – Ieronymos meeting
The meeting held on Monday morning (8/9) between Prime Minister Kyriakos Mitsotakis and Archbishop of Athens and All Greece Ieronymos, at the Maximou Mansion, once again highlighted the close cooperation between the State and the
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
Japan did not invite Israel to the U.S. nuclear bombing commemoration
The mayor of Nagasaki, not only dismissed the invitation of the ambassador of Israel but invited the ambassador of Palestine instead. The well-known professional democrats from the G7 and EU threatened him and in the
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
