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
Economic collapse in Iran hits students in Australia
Iran’s deepening economic crisis and ongoing social unrest are now having a direct impact on thousands of Iranians living and studying abroad, with particularly severe consequences for students in Australia. The sharp devaluation of Iran’s
‘Door is open, but I’m not looking’: Ley stands firm after Coalition split
Opposition Leader Sussan Ley has moved swiftly to project stability and authority within the Liberal Party following a dramatic and highly public split with the Nationals, declaring she is “absolutely confident” in her leadership despite
Coalition in meltdown as Nationals walk out, declaring agreement with Liberals “untenable”
Australia’s federal Coalition has plunged into its most serious crisis in years, after the National Party formally withdrew from the opposition frontbench, declaring its governing agreement with the Liberal Party “untenable”. The dramatic rupture follows
Australia observes national day of mourning for victims of Bondi Beach terror attack
Australia today marks a national day of mourning to honour the victims of the December 14 Bondi Beach terror attack, which claimed the lives of 15 innocent people and deeply shocked the nation. As part
January 26 protests continue an 88-year First Nations legacy of resistance and survival
First Nations people across Australia are preparing to mark January 26 with rallies, marches and cultural events, continuing a protest tradition that stretches back nearly nine decades and predates the modern celebration of Australia Day
Hate speech and extremism laws pass Parliament as three Nationals defy Coalition line
Australia’s Parliament has passed new hate speech and extremism legislation following an early recall prompted by the Bondi terror attack, marking a significant moment for national security lawmaking—and exposing fresh fractures within the Coalition. 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
4.4 Magnitude earthquake strikes off Amorgos coast – no damage reported
A magnitude 4.4 earthquake struck off the coast of Amorgos in the early hours of Thursday, sparking concern among residents but causing no reported damage or injuries. According to the Geodynamic Institute of Athens, the
Oropos fire: Fierce overnight battle with flames – improvement in Asprochori, concerns shift to Sykamino
A large wildfire continues to burn in the Oropos region of Attica, with two active fronts threatening local communities. One front is advancing toward Asprochori and the other toward Sykamino, where the situation is currently
Greece Plans Detention Centres in Crete After Diplomatic Rift with Libya
Following a diplomatic incident in Benghazi that saw Field Marshal Khalifa Haftar expel a European migration delegation, the Greek government is preparing a new wave of strict measures to stop migrant arrivals from Libya to
Mitsotakis knew everything about the OPEKEPE scandal
“We failed. Trading for a few votes is unacceptable.” Mitsotakis knew everything about the OPEKEPE scandal. There are more scandals, at least two more to be revealed, and there are elections on the horizon as
Greek Security Council (KYSEA) convenes amid Middle East tensions – Athens evaluates risks to stability and national interests
Greece’s top security body, the Government Council for Foreign Affairs and Defence (KYSEA), is convening in an extraordinary meeting today at 12:00 PM, chaired by Prime Minister Kyriakos Mitsotakis, in response to rising geopolitical tensions
Greece deploys drones to monitor beaches after 3,000 complaints over Illegal sunbeds
Greek authorities are launching a new aerial monitoring initiative, deploying drones to surveil beaches across the country following a surge of over 3,000 public complaints regarding unlawful occupation of coastal space, unauthorized sunbeds, and restricted
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
Game over for oil… The economy is next
It’s game-over for most of the U.S. oil industry and the repurcussions are global Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That
The coming Greater Depression of the 2020s
While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of
Turkey: Pressures, Attacks, and Discrimination against Christians
When Protestants introduce themselves to the authorities as a church, they receive warnings that they are not legal and may be closed down. In 2019, however, many members of the foreign clergy, as well as
Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads
ROME (All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life. Police officers
Are Turkish Cypriots Done with Ankara?
For the Turks, Turkey is the homeland and Cyprus is the “baby homeland.” In January 2018, several thousand Turkish Cypriots marched against what they said was Turkey’s unwanted influence that has emboldened hard-right groups to
Coronavirus Panic Goes Global: S.Korea Warns of “Watershed Moment”
78,000 cases confirmed, as Italy and Iran scramble to contain major outbreaks. The world is fast approaching a tipping point in the spread of the coronavirus, according to experts, who warn that the disease is
