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
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
Greece issues damning statement following Turkey’s disrespectful remarks on Pontian Genocide
The Greek Foreign Ministry issued a damning response on Sunday morning to the Turkish slander published on Saturday evening regarding a conference about the Pontian Genocide, where Greece’s PM was present giving a speech. The
Greek PM from Pontian Genocide Conference: “Greece has always overcome the storms of History”
The Pontian Genocide was a tragic chapter in the history of modern Greece, and the lessons it holds must prevent its repetition anywhere in the world, Prime Minister Kyriakos Mitsotakis said on Friday, during his
Magnificent icon believed to be Early El Greco discovered on Crete
A religious icon believed to be an early work of master painter El Greco, born Domenikos Theotokopoulos, one of the most-renowned artists in the entire history of Western art, was recently discovered on Crete. The icon
The wager of tax cuts
It is common knowledge that taxes reached unprecedented levels during the decade-long economic crisis. The Greek people made many sacrifices to foot the bill of this crisis. They were heavily over-taxed in order to achieve
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.
