
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

ATO 2024/25 Tax Deadline: What Australians must do before October 31 to avoid penalties
The Australian Taxation Office (ATO) is reminding taxpayers that the deadline for filing 2024-2025 tax returns is Friday, October 31, 2025. Australians who miss the date could face penalties and fines, officials have warned. When

Lord William Hague praises Australia’s social media ban for under-16s, criticises Albanese government over Palestinian recognition
Oxford University Chancellor Lord William Hague has praised Australia’s “bold and responsible” move to ban social media for children under 16, calling it a landmark step in protecting young people’s mental health and civic integrity.

RBA warns of rising global risks: Overvalued markets, cyber threats, and China’s slowdown
The Reserve Bank of Australia (RBA), in its semi-annual Financial Stability Review, has warned that global financial risks are not easing — in fact, they are rising — as uncertainty continues to cloud the economic

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”

‘Mushroom Murderer’ Erin Patterson to lodge appeal against convictions
Erin Patterson, infamously known as the “mushroom murderer,” is preparing to appeal her convictions for three counts of murder and one count of attempted murder. The Victorian Supreme Court has granted her an additional 28

Melbourne teen with ISIS interests accused of threats against Jewish congregation, hidden machete cache
Disturbing details have emerged about an 18-year-old Melbourne man charged with terror offences, accused of threatening the city’s oldest Jewish congregation and hiding a cache of machetes. According to evidence presented before the Supreme Court,

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

U.S., Greece, Cyprus, and Israel form joint front for energy security in the Eastern Mediterranean
A new chapter in regional cooperation unfolded in Athens this week as the United States, Greece, Cyprus, and Israel reaffirmed their commitment to energy security and stability in the Eastern Mediterranean. Meeting at the Zappeion

China to resume imports of Australian canola after five-year ban
In a major breakthrough for Australian agriculture, China has agreed to import 65,000 tonnes of Australian canola for the first time in five years, marking what experts say could be the start of a renewed

Nuclear brinkmanship: How Trump and Putin are testing the limits of deterrence
As the war in Ukraine drags on and Donald Trump’s attempts at peace with Moscow falter, tensions between the United States and Russia have reached their highest point in years. Both nuclear superpowers appear to

“Zoran Mamdani becomes New York’s first muslim mayor: A progressive milestone in U.S. politics”
Zoran Mamdani, 34, has been elected the new mayor of New York City, according to projections by NBC News and CNN, marking one of the most remarkable and unpredictable elections in recent American political history.

EU report condemns Turkey for rights backslide and challenges to Greek sovereignty
The latest European Commission progress report on Turkey delivers one of the most critical assessments in recent years, highlighting a severe deterioration in rule of law, human rights, and democratic governance. It also accuses Ankara

Horror on UK train: multiple stabbed in Cambridgeshire attack
London, November 2, 2025 — A terrifying knife attack on a crowded London North Eastern Railway (LNER) train in Cambridgeshire has left ten people injured, nine of them in critical condition, in what police have

