
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

NAB demands sweeping tax reforms to ease younger Australians’ growing income burden and protect national productivity
The National Australia Bank (NAB), one of the nation’s “big four” banks, has issued a stark warning that Australia’s tax system is exacerbating generational inequality and putting the country’s long-term competitiveness at risk. According to

Australia’s new climate target sparks fierce debate, cost concerns and industry criticism
Australia’s Prime Minister Anthony Albanese has unveiled a new mid-term emissions reduction target: a 62–70% cut by 2035. The move, presented as a “responsible, science-backed” step ahead of the United Nations General Assembly in New

Virgin Australia makes history with pet-friendly in-cabin flights
Virgin Australia has launched Australia’s first-ever in-cabin flights allowing small cats and dogs to travel alongside their owners. Starting 16 October 2025, the “Pets in Cabin” service will operate on trial routes between Melbourne, the

Household Power Bills Soar 27% Above Inflation, Sparking Concern for Australians
New figures reveal a sharp surge in electricity bills, with average household power costs in Australia rising 27.16% above inflation over two years. Data from energy comparison service iSelect shows the average electricity price climbed

Australia and Papua New Guinea fail to finalise defence treaty, sign communique instead
A long-anticipated defence treaty between Australia and Papua New Guinea failed to cross the finish line today, with both nations instead signing a communique in place of the formal agreement. The setback is seen as

Does washing fruit and vegetables really remove pesticides?
Testing in Australia has uncovered the banned pesticide thiometon on fresh berries sold in New South Wales, along with high levels of the legal pesticide dimethoate. While within legal limits, experts warn that both adults

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

Six Out of Ten Greeks ‘Barely Cope’: Survey
The everyday lives of Greeks have not changed much since the country exited the bailout program last August, according to a new survey by the Foundation for Economic and Industrial Research (IOBE). IOBE is an

Editorial To Vima: Tsipras’ court trials
The left, having since the interwar period suffered unwarranted persecution over unproven crimes, was in the past guarded as regards the periodic waves of scandal-mongering, and demanded objectivity and evidence before condemning and ostracising political

Mothers in Greece Mark World Breastfeeding Week
Hundreds of mothers breastfed their infants in public places in major cities across Greece on Sunday to mark World Breastfeeding Week celebrated throughout the globe. Mothers in Athens, Thessaloniki, Patra, Argos, Nafplio, Messolonghi Nafpaktos and

Albanian journalist says Albania’s PM Rama gave the go-ahead to kill Katsifas
The Albanian Prime Minister’s office gave the go-ahead to kill 35-year-old Greek man Konstantinos Katsifas, with the approval of Turkey, said Albanian journalist Kastriot Miftairi on mainstream television. The execution of Katsifas has cast a

Albanian Police kill Greek who raised Greece’s flag in Northern Epirus
A 35-year-old Greek, named Konstantinos Katsifas, was shot dead by the Albanian special forces near the village Bularat (Vouliarates) in Albania’s northern Epirus region, 6 kilometers (4 miles) from the Greek-Albanian border. According to Albania’s

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

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

Plans for a nuclear strike on an asteroid threatening the moon – challenges and prospects
The scientific community is seriously considering the use of a nuclear weapon to intercept asteroid 2024 YR4, which has a significant chance of colliding with the Moon in 2032. Measuring approximately 55 meters in diameter,

Trump Restores Death Penalty in Washington D.C.
Donald Trump signed a presidential memorandum reinstating the death penalty in Washington D.C., a move described by the U.S. administration as a strong preventive measure against serious crimes. Attorney General Pam Bondi stated that the

Clear European warning to Putin: “We are ready to shoot down Russian aircraft”
Tensions on NATO’s eastern borders are escalating as European diplomats delivered a clear warning to Moscow: incursions into alliance airspace will not go unanswered, including the potential downing of Russian aircraft. According to Bloomberg, the

Erdogan: “We will take our share in the Mediterranean – win-win Cooperation with Neighbours”
Turkish President Recep Tayyip Erdoğan, returning from the UN General Assembly in New York, reiterated Ankara’s hardline stance on the Eastern Mediterranean and Cyprus. Speaking to journalists aboard his flight, Erdoğan declared Turkey’s determination to

Trump and Erdogan meet at the White House – “We can make a deal on F-35s, but Erdogan must do something for us first”
U.S. President Donald Trump and Turkish President Recep Tayyip Erdogan held a long-awaited meeting at the White House on Thursday evening, in an atmosphere of cautious optimism. The two leaders met for over two hours,

