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
Small business pushes for major corporate tax cut
COSBOA calls on Albanese Government to reduce rate from 25% to 20% Australia’s peak small business body has intensified its campaign for a corporate tax cut, arguing that current tax settings are stifling growth, investment,
Teachers clock up $11.5 billion in unpaid work each year
Australia’s teachers are working the equivalent of billions in unpaid labour, with new Parliamentary Library analysis revealing they perform around $11.5 billion worth of extra work annually. The research, commissioned by the Greens, found that
Albanese defies Trump on tariffs despite praise for $13 billion US-Australia minerals deal
Prime Minister Reaffirms Commitment to Open Trade While Strengthening Strategic Ties Across Asia Seoul, October 30, 2025 – Australian Prime Minister Anthony Albanese faced a delicate diplomatic balancing act at the APEC Summit in South
Albanese meets Trump again at APEC summit in South Korea
Prime Minister Anthony Albanese has met US President Donald Trump face-to-face for the second time in two weeks, after months of being unable to secure a one-on-one meeting. The encounter took place during a special
Tragedy strikes Melbourne cricket: 17-year-old Ben Austin dies after being hit by cricket ball
Melbourne has been left reeling after the death of 17-year-old cricketer Ben Austin, who was struck by a cricket ball during warm-up practice. The incident occurred at Walley Tew Reserve in Ferntree Gully, in Melbourne’s
Inflation shock crushes hopes for RBA Melbourne Cup Day rate cut
Melbourne mortgage holders have been dealt a blow after new inflation data released today revealed a higher-than-expected surge in prices, effectively ending speculation about a potential Reserve Bank of Australia (RBA) rate cut on Melbourne
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 and Turkey agree on closer cooperation against organised crime
Greece and Turkey have agreed to significantly strengthen bilateral cooperation in the fight against organised transnational crime, following high-level talks in Istanbul between Greek Minister for Citizen Protection Michalis Chrysochoidis and Turkish Interior Minister Ali
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The
Farmers submit demands to government, reject transfer of OPEKEPE oversight to tax authority
Greek farmers have formally submitted a comprehensive list of demands to the government, placing strong emphasis on their opposition to the transfer of oversight and control of OPEKEPE—the agency responsible for agricultural subsidies—to the Independent
Postal voting for Greeks abroad set to expand to national elections
The government has signalled its intention to extend postal voting to Greek citizens living abroad in national elections, marking a significant institutional reform of the country’s electoral system. The announcement was made by Interior Minister
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
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
Australia’s opposition demands strong support for BHP in China dispute
Australia’s opposition is urging the Albanese government to actively intervene as BHP faces a reported freeze on iron ore shipments to China following stalled price negotiations. Opposition finance spokesman James Paterson criticized the government’s “hands-off”
Zelensky warns of nuclear risk after Russian drone strike near Chernobyl causes power outage at decommissioned plant
Ukrainian President Volodymyr Zelensky has accused Russia of recklessly endangering global safety after a wave of drone strikes caused a three-hour power outage at the decommissioned Chernobyl nuclear facility, site of the world’s worst nuclear
Three Hamas members arrested in Germany
Planned terror attacks against Jewish institutions – weapons seized during raid German authorities have arrested three men suspected of being members of Hamas, accused of plotting terror attacks on Jewish and Israeli institutions across Germany.
EU leaders approve pan-European anti-drone shield
“Frozen” Russian assets to fund Ukraine’s defence – Strategic readiness by 2030 European Union leaders have agreed to create a pan-European anti-drone shield, aiming to protect the continent from Russia’s growing use of unmanned aerial
Israeli commandos raid Gaza Aid Flotilla – Greta Thunberg detained amid communications blackout
A dramatic maritime confrontation unfolded late Wednesday when Israeli naval forces intercepted multiple vessels from the Global Sumud Flotilla, a pro-Palestinian convoy sailing towards Gaza to break the blockade and deliver humanitarian aid. According to
US enters shutdown for first time since 2018: what it means and who is affected
The United States officially entered a government shutdown at midnight on Tuesday (2 p.m. Wednesday Melbourne time), after Republicans and Democrats failed to reach an agreement on federal spending. The shutdown is expected to place
