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
US gives green light to AUKUS ahead of Albanese’s visit to Washington
Australia’s largest-ever defence agreement, AUKUS, appears to have successfully passed a US government review, paving the way for its continuation ahead of Prime Minister Anthony Albanese’s visit to Washington next month. The review began in
Federal government’s 5% First Home Deposit Scheme launches tomorrow – concerns over rising prices
Starting tomorrow, Wednesday, October 1, the federal government’s new First Home Buyer Scheme will officially begin, allowing Australians to enter the housing market with just a 5% deposit. The remaining portion will be guaranteed by
Australia cuts deficit by $18 billion through strong labour market and fiscal restraint
The Albanese government has reported a major improvement in Australia’s finances, with the federal budget deficit slashed by $18 billion — a result of robust employment growth, higher wages, and careful spending control. Treasurer Jim
Albanese government launches new agency to prevent defence and veteran suicides
One year after the Royal Commission into Defence and Veterans Suicide delivered its landmark report, the Albanese government has established Australia’s first independent agency dedicated to preventing suicides among current and former members of the
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,
AFL 2025 Grand Final: Keys to Victory for Geelong Cats and Brisbane Lions
On Saturday, the Geelong Cats and Brisbane Lions will clash on the AFL’s biggest stage for the 2025 Grand Final, each aiming for the championship. AFL analyst Mick McGuane dons his “coach’s hat” to reveal
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
PASOK calls for elections due to OPEKEPE Scandal
For the first time, PASOK officially mentioned the prospect of calling elections in connection with the OPEKEPE scandal, on the condition that the statute of limitations for any offenses will be prevented. During the meeting
Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,
Athens fires back at Ankara over East Med dispute: “Turkey cannot lecture others on International Law”
Greece has issued a stern diplomatic response to fresh accusations from Turkey regarding its stance on the controversial Turkey-Libya maritime agreement. The Greek Foreign Ministry, through diplomatic sources, denounced Turkey’s latest comments as “incompatible with
Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi
Wildfire disaster in Chios: Tens of thousands of acres burned as blaze continues to rage
Chios is currently experiencing one of the most severe environmental disasters in recent Greek history. For the third consecutive day, an uncontrollable wildfire has scorched vast swathes of the island, with more than 30,000 hectares
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
Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece
The US Department of Government Efficiency (DOGE), an agency led by Elon Musk tasked with reducing government expenditure. Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece. Announced on X that it has cancelled a
Santorini: The ultimate eruption nightmare?
Earthquakes in the wider Santorini region appear endless, leaving the scientific community deeply concerned about the ongoing cycle of seismic activity. Santorini: The ultimate eruption nightmare? Indeed, scientists are now openly discussing the possibility of
Clashing visions for AI at the Paris Summit
At the Paris AI Summit—often regarded as the Davos of the AI community—global leaders presented starkly contrasting visions for the future of artificial intelligence. There are Clashing visions for AI at the Paris Summit. On
Eurovision: Turkey takes on “Asteromata”
“Asteromata”, the song by Klavdia that will represent Greece in the Eurovision final in Basel, Switzerland, has become a red flag for the Turks. Eurovision: Turkey takes on “Asteromata”. The Public Radio and Television (TRT)
Trump claims U.S. will ‘take over’ Gaza and ‘level’ it
In a stunning announcement during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House, former U.S. President Donald Trump declared that the United States would “take over” and “own” the
Bloomberg warns the World: Turkey’s naval ambitions surge with two new frigates
The commissioning of two new Turkish frigates this month marks a significant step in Ankara’s naval expansion, strengthening its influence in the Mediterranean, Aegean, and Black Seas, and extending its reach beyond these regions. This
