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
Greece holds Winter Olympic Games flame-lighting ceremony Indoors
The countdown to the Milan Cortina 2026 Winter Olympics begins this week as the Olympic flame is lit in Greece, marking the start of the torch relay. This year’s ceremony, normally held outdoors in Ancient
Salamina murder: security camera audio exposes 46-year-old daughter-in-law for brutal killing of 75-year-old
New evidence from security cameras has led Greek authorities to arrest a 46-year-old woman for the murder of her 75-year-old mother-in-law in Salamina, a killing she has now confessed to. According to police, a combination
2nd Greek Youth Diaspora Symposium in Athens: “Connecting the Voices of Young Greeks Worldwide”
The 2nd Greek Youth Diaspora Symposium, a key initiative for strengthening ties between Greece and young Greeks around the world, will take place in Athens from 25 to 28 November 2025 at the Hellenic Cosmos
Mitsotakis says Europe can build its own powerful AI models
Greek Prime Minister Kyriakos Mitsotakis has emphasised that Europe is capable of developing its own powerful artificial intelligence systems, rooted in European values, languages and cultural identity. Speaking in a public discussion with Arthur Mensch,
1,200 millionaires are coming to Greece with €7.7 billion in their suitcases – the country ranks eighth worldwide
Greece ranks eighth globally as a destination for millionaires, attracting over 1,200 individuals annually who seek safety, stability, and a better quality of life for themselves and their families. According to a recent report by
From Austria to Neo Voutza: A new fire truck for volunteers
A new high-capacity fire truck has recently joined the ranks of the Neo Voutza Volunteer Fire Department (PY.S.E.TH.), significantly enhancing its ability to prevent and combat fires in the region. The vehicle is a Mercedes
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.
