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
Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied
Greeks clap in gratitude to doctors and nurses against the coronavirus
Following the example of Spain, Greeks came out in their balconies at 9:00 p.m. Sunday and clapped in gratitude to doctors and nurses fighting the coronavirus in the country’s hospitals. The call to action was
Greece suspends services in worship places of all religions
Greek Prime Minister Kyriakos Mitsotakis announced late on Monday that services in all areas of religious worship of any religion or dogma are suspended. The conservative leader announced the decision on a tweet just an
Coronavirus Greece: 21 new confirmed cases, total 352
Greece’s health autho-rities announced on Monday 21 new confirmed cases of coronavirus, cases that increase the total number of inflections to 352. 65 patients are hospitalized, 9 of them are intubated hospitals ICU in Athens,
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
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.
German Police to raid homes over sharing non-mainstream content online
The German government has proposed a plan that could allow German Police to raid homes over sharing non-mainstream content online and on social media. According to reports from Der Spiegel and RND, the German Federal
Russian Zaporizhzhya nuclear power plant was attacked
It seems the worst has been averted despite a fire in the cooling system of the Zaporizhzhya nuclear power plant, caused by another Ukrainian artillery strike. Fortunately, no serious damage or radiation leakage has been
World Anti-Doping Agency accuses US of major doping scandal
The recent accusations by the World Anti-Doping Agency (WADA) against the U.S. are nothing short of shocking and could potentially mark one of the largest doping scandals in history. According to reports, the U.S. Anti-Doping
Japan did not invite Israel to the U.S. nuclear bombing commemoration
The mayor of Nagasaki, not only dismissed the invitation of the ambassador of Israel but invited the ambassador of Palestine instead. The well-known professional democrats from the G7 and EU threatened him and in the
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
