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
Turkey eyes area off Kastellorizo
Athens is observing with concern as Turkey continues to plan to prospect for hydrocarbons south of the Greek island of Kastellorizo despite warnings from the European Union of sanctions over its drilling off Cyprus. The
€2,000 for every newborn child in Greece as of 1.1.2020
Deputy Labor Minister Domna Michaelidou said that 2,000 euros will be given to parents of every new born child in Greece as of 1st January, 2020. She revised her statement beginning of the week that
Greece bans imported pork from Bulgaria amid African swine fever outbreak
Bulgarian Agriculture Minister Desislava Taneva said on Friday that Greece has decided to ban imported pork from her country, due to an outbreak of African Swine Fever disease that has been detected in thousands of animals
Major archaeological discoveries made in Neolithic site in Central Greece
Greece’s Ministry of Culture issued a statement on Friday afternoon, regarding recent discoveries in a neolithic settlement that is located in Phthiotis region and dates back to 6,000 – 5,800 BC. The settlement, known to
EU prepares sanctions as Turkey presses on with drilling off Cyprus coast
The EU has agreed to bring financial and political sanctions against Turkey after repeat warnings over the past weeks. European Union officials on Mon-day agreed political and financial sanctions against Turkey after Ankara went ahead
Mitsotakis unveils reform-heavy, pro-market policy statements in Parliament address
New Greek Prime Minister Kyriakos Mitsotakis referred to practically every reform promised by him and his conservative New Democracy (ND) party over the past four years – and then some – expressing a pro-market, meritocracy-based
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
Why Syria fell so quickly and where was Iran
The rapid collapse of Syria has left many shocked, but some key factors explain how and why it happened, and where Iran stood in the crisis. Here’s Why Syria fell so quickly and where was
“ELIAMEP calls for Greece to recognize the Pseudo-State”
Myrna Nikolaidou explores the controversial statements made by Maria Gavouneli, Director General of ELIAMEP (Hellenic Foundation for European and Foreign Policy), who recently suggested that Greece should recognize the “pseudo-state” in Northern Cyprus, “ELIAMEP calls
South Korea’s Parliament votes to revoke the martial law
In a revealing commentary, Luke de Pulford, Executive Director of the Inter-Parliamentary Alliance on China (IPAC), has highlighted what he sees as an “extremely dangerous situation” in South Korea. South Korea’s Parliament votes to revoke
German media expelled from German-Chinese FM meeting
German media were reportedly expelled from a meeting between Foreign Minister Annalena Baerbock and her Chinese counterpart, Wang Yi, in Beijing on Monday, according to Handelsblatt. The meeting became tense when Baerbock accused China of
Georgia’s government stands firm as opposition pushes for Maidan-style revolution
Georgia’s parliament remains paralysed, yet the opposition, backed by the West, continues its efforts to instigate a Maidan-style revolution. Despite this, the Georgia’s government stands firm as opposition pushes for Maidan-style revolution. Protests have now
French government faces collapse after No-Confidence Vote
French government faces collapse after No-Confidence Vote. The French government is on the brink of collapse after both patriotic and left-wing parties confirmed they will support a no-confidence motion against Prime Minister Michel Barnier. This
