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
Mitsotakis calls for return of Parthenon Marbles, highlights tourism strategy
Prime Minister Kyriakos Mitsotakis has reaffirmed Greece’s long-standing position that the Parthenon Marbles should be returned to the Acropolis Museum, describing the issue as “highly complex” and noting that progress in negotiations with the British
Over 23,000 protesters marked the 52nd anniversary of Polytechnic Uprising
Over 23,000 people participated in peaceful demonstrations across Greece yesterday to commemorate the 52nd anniversary of the Athens Polytechnic Uprising. Large gatherings were also reported in Thessaloniki, Patras, Larissa, and other major cities. The central
Greece’s early loan repayment brings unexpected benefit to France, says Le Monde
Greece’s decision to repay early a €1.1 billion loan to France has been described as an “unexpected benefit” for French public finances, according to the French newspaper Le Monde. The loan, originally contracted in the
Zelensky signals new energy agreement ahead of today’s Athens visit
Ukrainian President Volodymyr Zelensky has announced that Kyiv and Athens are preparing a new bilateral agreement in the energy sector, ahead of his official visit to the Greek capital today, Sunday, 16 November. In a
Kimberly Guilfoyle: Greece to become energy hub to counter Russian and Chinese interests
Kimberly Guilfoyle, the new U.S. ambassador to Greece, gave her first Greek television interview on ANT1, highlighting Greece’s emerging role as a regional energy hub and its strategic importance in countering Russian and Chinese influence.
Mitsotakis on UNESCO’s Recognition of World Greek Language Day
On behalf of the millions of Greeks around the world, but also on behalf of thousands of foreign scholars and admirers of the Greek language, I would like to thank UNESCO for declaring 9 February
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
