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
China defends ‘provocative’ jet move after Australia’s protest over South China Sea incident
China has accused Australia of “provocative acts” and “illegal intrusion” after a Royal Australian Air Force (RAAF) surveillance plane was targeted by flares from a Chinese fighter jet over the South China Sea on Sunday,
Albanese government moves to curb supermarket price gouging with new laws
The Albanese Government has unveiled draft legislation aimed at cracking down on excessive pricing by Australia’s largest supermarket chains, delivering on a key election promise to protect consumers from what the Prime Minister has described
Ley promises tax cuts as Coalition seeks political revival
Opposition Leader Sussan Ley has unveiled the Coalition’s first major economic policy since its election defeat, pledging tax cuts for low and middle-income Australians in an attempt to reassert the party as a credible alternative
Albanese walks diplomatic tightrope in Trump White House – Canberra seeks ‘no fireworks’ in Oval Office test
Australian Prime Minister Anthony Albanese embarks on one of the most delicate missions of his tenure — a high-stakes meeting with US President Donald Trump in Washington, where experts say the key goal is simple:
Major blow for Optus as millions consider leaving after deadly triple zero outage
Optus is facing a major customer backlash after a catastrophic triple zero outage left emergency calls unanswered and was linked to three deaths. A Resolve Political Monitor poll for The Sydney Morning Herald and The
$10 million national crackdown on bullying across australian schools
The Federal Government has announced a $10 million plan to combat bullying and cyberbullying in schools, introducing strict new national standards that will require schools to act on bullying complaints within 48 hours. Education Minister
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
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
Greece issues damning statement following Turkey’s disrespectful remarks on Pontian Genocide
The Greek Foreign Ministry issued a damning response on Sunday morning to the Turkish slander published on Saturday evening regarding a conference about the Pontian Genocide, where Greece’s PM was present giving a speech. The
Greek PM from Pontian Genocide Conference: “Greece has always overcome the storms of History”
The Pontian Genocide was a tragic chapter in the history of modern Greece, and the lessons it holds must prevent its repetition anywhere in the world, Prime Minister Kyriakos Mitsotakis said on Friday, during his
Magnificent icon believed to be Early El Greco discovered on Crete
A religious icon believed to be an early work of master painter El Greco, born Domenikos Theotokopoulos, one of the most-renowned artists in the entire history of Western art, was recently discovered on Crete. The icon
The wager of tax cuts
It is common knowledge that taxes reached unprecedented levels during the decade-long economic crisis. The Greek people made many sacrifices to foot the bill of this crisis. They were heavily over-taxed in order to achieve
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
How China could re-dollarise without funding US wars
China issued a US dollar-denominated bond in Saudi Arabia, directly challenging the petrodollar system. Although the bond was relatively small, at $2 billion, the rate and uptake are noteworthy. China was able to issue US
UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation
British state media has confirmed that Ukraine launched British-supplied Storm Shadow missiles at targets deep within Russia’s Kursk region. UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation of the ongoing conflict. This strike,
US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine
Bombshell from Le Figaro! US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine. This is a transparent attempt to escalate the Ukraine War before Trump takes office. Biden is now
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
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
