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
Libya’s new maritime claims spark diplomatic tensions with Greece and Egypt
Libya has recently made a significant move in its maritime territorial claims by submitting a formal note to the United Nations on May 27, 2025, outlining the external limits of its continental shelf in the
Mitsotakis to meet EU Energy Commissioner Jørgensen amid regional development tour
Prime Minister Kyriakos Mitsotakis is set to meet with European Commissioner for Energy and Housing, Dan Jørgensen, today, at 13:00 at the Maximou Mansion. This meeting comes at a time when Greece is navigating complex
Greece navigates diplomatic minefield in Libya: Gerapetritis’ second visit tests Athens’ strategy
Greek Foreign Minister Giorgos Gerapetritis’ second visit to Tripoli highlighted both the persistence of geopolitical challenges in Libya and Athens’ continued efforts to open up meaningful diplomatic dialogue. While Libyan officials, including Foreign Minister Taher
Plevris confirms permanent closed migrant facility in Crete, enforces tough measures
Migration crisis and government response Greek Migration Minister Thanos Plevris has confirmed plans for at least one permanent closed identification facility for migrants and asylum seekers on Crete. This decision is a reaction to rising
OPEKEPE scandal: Government triggers inquiry, opposition cries cover-up
The Greek government has ignited a political storm by announcing the formation of a parliamentary inquiry (Exetastiki Epitropi) to investigate the OPEKEPE agricultural payment authority from 1998 to the present day. The move, seen by
Irene Mourtzoukou to testify today over four child murders – Dozens of notes and new attempted murder allegations
Today, Sunday, July 13, Irene Mourtzoukou is scheduled to appear before the Patras investigating magistrate to testify in connection with the chilling case of four child murders — a case she has already confessed to.
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
Winners and losers in global commodities this year
The global commodities market has experienced significant volatility this year, with prices generally remaining elevated across various sectors. The first half of the year saw orange juice and cocoa prices reach record highs, while crude
WHO reassures: Mpox is not the new COVID – We know how to control its spread
A World Health Organization (WHO) official emphasized today that Mpox, whether it’s the new or old strain of the disease, is not the new COVID-19, as health authorities have the knowledge to control its spread.
The Middle East on a razor’s edge: Tough bargaining for a ceasefire
International concerns over the escalation of war in the Middle East have peaked as U.S. Secretary of State Antony Blinken arrives in Israel in a last-ditch diplomatic effort to secure a ceasefire in Gaza. This
Monkeypox: WHO Recommends Vaccination in Affected Areas
The World Health Organization (WHO) recommended on Monday that countries affected by the mpox virus (commonly known as monkeypox) initiate vaccination programs, particularly in regions where cases have been reported. The mpox outbreak in the
Sicily shipwreck: Tech tycoon Mike Lynch among the missing
At least one person has died and six others are missing after a luxury yacht was struck by a severe storm and sank off the coast of Palermo, Sicily’s capital. Among the missing is British
159 countries poised to adopt BRICS new payment system
Amid ongoing efforts to create a SWIFT alternative, the BRICS alliance is developing its payment system. This system will play a crucial role in the bloc’s trade, enabling transactions without relying on the US dollar.
