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
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
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
Trump Restores Death Penalty in Washington D.C.
Donald Trump signed a presidential memorandum reinstating the death penalty in Washington D.C., a move described by the U.S. administration as a strong preventive measure against serious crimes. Attorney General Pam Bondi stated that the
Clear European warning to Putin: “We are ready to shoot down Russian aircraft”
Tensions on NATO’s eastern borders are escalating as European diplomats delivered a clear warning to Moscow: incursions into alliance airspace will not go unanswered, including the potential downing of Russian aircraft. According to Bloomberg, the
Erdogan: “We will take our share in the Mediterranean – win-win Cooperation with Neighbours”
Turkish President Recep Tayyip Erdoğan, returning from the UN General Assembly in New York, reiterated Ankara’s hardline stance on the Eastern Mediterranean and Cyprus. Speaking to journalists aboard his flight, Erdoğan declared Turkey’s determination to
Trump and Erdogan meet at the White House – “We can make a deal on F-35s, but Erdogan must do something for us first”
U.S. President Donald Trump and Turkish President Recep Tayyip Erdogan held a long-awaited meeting at the White House on Thursday evening, in an atmosphere of cautious optimism. The two leaders met for over two hours,
Australia’s social media age laws praised as ‘world-leading’ at UN
Australia has taken centre stage on the global arena after passing landmark legislation raising the minimum age for social media use from 13 to 16. The reforms, unveiled at the United Nations in New York,
Erdoğan visits White House with over $50 billion shopping list
For the first time in six years, Turkish President Recep Tayyip Erdoğan is visiting the White House, bringing a series of major deals aimed at restoring the strained relations between Turkey and the United States.
