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
One Nation surges as Coalition support collapses, polling shows
Support for Pauline Hanson’s One Nation party has more than doubled since the federal election, placing the right-wing party ahead of the Greens in primary vote intentions, according to new polling. The Guardian Essential poll,
Historic intervention in housing market: 5% Deposit Scheme sparks debate over property prices
The Labor government has delivered on its election promise to expand the Home Guarantee Scheme, cutting required deposits from 20% to just 5% for first-home buyers, effective October 1, 2025, instead of January 2026. The
Aged care Workers receive another pay boost in Australia
The Fair Work Commission’s decision increases wages for hundreds of thousands of aged care employees. The Australian government announced today further wage increases for aged care workers following a decision by the Fair Work Commission.
China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the
Sussan Ley slams Albanese over UK Labour speech funded by taxpayers
Prime Minister Anthony Albanese’s decision to address the UK Labour Party’s annual conference in Liverpool has sparked fierce criticism at home, with Opposition Leader Sussan Ley accusing him of “crossing the line” and engaging in
Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime
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
Exquisite ancient statuettes of Apollo, Artemis unveiled for first time in Chania next week
A pair of small statuettes, depicting mythical Apollo and his twin sister, Artemis, will be presented on Today at the archaeological museum in the west Cretan city of Chania (Hania), the product of excavations at
Athens municipality: Most quake-damaged buildings are abandoned structures
The city of Athens, the biggest municipality in the greater Athens agglomeration, so far announced that 15 buildings in its boundaries were significantly damaged from the 5.1 on the Richter scale earthquake that struck the
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
PIPES: Kastelorizo: Mediterranean flash point
That Athens controls this wisp of land implies it could (but does not yet) claim an exclusive economic zone (EEZ) in the Mediterranean Sea extending 200 nautical miles to Kastelorizo. This would reduce the Turkish
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
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
Mitsotakis from Brussels: Transatlantic ties tested, but signs of cautious stabilisation
Greek Prime Minister Kyriakos Mitsotakis acknowledged that relations between Europe and the United States have gone through a turbulent period, while stressing that recent developments point to a modest improvement, following the conclusion of the
Greenland: Cyprus-style bases, NATO’s Arctic footprint and Donald Trump’s geopolitical bargaining
As the European Union struggles to forge a unified response to Donald Trump, new details are emerging about Washington’s proposals regarding Greenland, revealing a complex geopolitical bargain centred on the Arctic, military security and control
Leaked: US accused of betraying Kurdish forces amid mounting criticism
Leaked: US accused of betraying Kurdish forces amid mounting criticism. Sources familiar with the discussions say a meeting held in Damascus on 19 January between Mazloum Abdi and Ahmed al-Sharaa (al-Julani), attended by US envoy
Israel and Greece have the capacity to confront Turkey
This week in Athens, the Defence Ministers of Israel and Greece consolidated a partnership that has moved beyond simple alignment and into strategic substance. Israel and Greece have the capacity to confront Turkey. The visit
Kurds accuse US of betrayal in Syria, as region descends into chaos
Letter to the United States Congress and the international community. Kurds accuse US of betrayal in Syria, as region descends into chaos. Dear Senators, a genocide is currently taking place in the Kurdish regions of
What the Greenland dispute means for NATO and Europe’s future
As winter tightens its grip on the Northern Hemisphere, the chill has also spread to relations among NATO allies. What the Greenland dispute means for NATO and Europe’s future. Rising tensions over Greenland have exposed
