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
Greek gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
PM Mitsotakis: By 2023 Greeks living abroad will be able to vote per post
“By 2023 you will finally be able to vote from your permanent place of residence,” Prime Minister, Kyriakos Mitsotakis, told the Greek-American community of Astoria during his visit to New York. One of the key
Gold mask, bronze helmets uncovered at ancient cemetery of Macedonian warriors
Archaeologists in northern Greece have uncovered a gold mask and bronze helmets from a vast ancient cemetery at Ahlada, near the town of Florina. In a statement Friday, the Culture Ministry said the most impressive
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
Europe’s fear isn’t of Russia, it’s of itself
Europe’s fear isn’t of Russia, it’s of itself. The Guardian splashed its front page with the usual hysteria, hoping readers wouldn’t notice the one line that undercut the entire narrative: “We are not planning to
SIPRI reports record arms sales in 2024
Global arms sales hit record $679 billion amid ongoing conflicts The world’s top 100 arms manufacturers reached record revenues in 2024, totaling $679 billion (€586 billion), marking a 5.9% increase compared to the previous year,
US fighter jets patrol international airspace around Venezuela, WSJ reports
US fighter jets have been conducting near-continuous patrols in international airspace surrounding Venezuela amid sharply escalating tensions between Washington and Caracas, according to a Wall Street Journal report published on Saturday. The development comes shortly
Global Airbus warning grounds Jetstar A320 flights, causes widespread travel disruption
A major global aviation alert has triggered significant travel chaos, with Jetstar confirming that several of its Airbus A320 aircraft are currently unable to depart due to a critical software issue affecting thousands of jets
Israel breaks up Turkish-linked network smuggling arms and funds to West Bank
Israel breaks up Turkish-linked network smuggling arms and funds to West Bank, uncovering what officials describe as one of the most significant counter-terrorism operations of 2025. The Shin Bet (Israel Security Agency) and Israel Police
Cyprus calls on Turkey to negotiate maritime boundaries under UNCLOS
Cyprus Calls on Turkey to negotiate maritime boundaries under UNCLOS, with President Nikos Christodoulides extending an open invitation to Ankara to sit down with the Republic of Cyprus and engage in direct talks on defining
