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
Farmers begin airport blockades: “This is a warning – we are not backing down”
Greek farmers are escalating their nationwide mobilisations, warning the government that symbolic road and border blockades are only the beginning. Speaking to journalists, representatives from agricultural unions insist they “will not retreat unless justice is
Pavlos Kontogiannidis launches fierce attack on Alexis Tsipras over new party plans
Greek actor and former MP Pavlos Kontogiannidis has issued an unusually harsh public critique of former prime minister Alexis Tsipras, accusing him of hypocrisy, political opportunism and an attempt to launch a new political party
First Greek defence and security micro-satellites successfully launched
Greece has officially entered the space age with the launch of its first Greek micro-satellites for Defence and Security on 28 November, from the Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in
Tsipras announces plans for a new “progressive party” focused on self-organization
Former Prime Minister Alexis Tsipras announced plans for the creation of a new political movement aimed at reorganizing the progressive space in Greece, during a high-profile event at the Pallas theater. Speaking in front of
Farmers stage roadblocks across Macedonia ahead of major protests
Farmers and livestock breeders in Macedonia and Thrace are preparing major roadblocks, with key sites targeted in Thessaloniki, Halkidiki, and the Evros region. On Friday (December 5), farmers from Epanomi, Trilofos, Vasilika, Halkidiki, Galatista, and
Chatzidakis: With a fairer system, the country will not lose a single euro in agricultural subsidies
Greek Deputy Prime Minister Kostis Chatzidakis provided detailed information on the government’s agricultural subsidy plan, following recent announcements. Speaking to Alpha TV, he said that Greek farmers will receive a total of €3.7 billion this
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
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes
Cyprus–France Strategic Agreement signed in Paris, boosting defence, energy and Schengen cooperation
Cyprus and France have signed a comprehensive Strategic Cooperation Agreement in Paris, elevating their bilateral relationship to a more structured and operational level at a time of growing security challenges across Europe and the Eastern
Leaked US strategy reveals Trump’s plan to break up the EU
A leaked US strategy reveals Trump’s plan to break up the EU, with a draft of a highly classified National Security Strategy (NSS) suggesting that the United States may be pushing for Austria, Italy, Hungary,
Prepare for a coming world War, NATO chief warns
NATO Secretary-General Mark Rutte has issued a stark warning to the alliance, declaring, “We must prepare for a coming world war, NATO chief warns.” Speaking in Berlin, Rutte urged NATO member states to dramatically intensify
Ukraine submits response to latest U.S. peace proposal as diplomatic efforts intensify
Ukraine has formally delivered its response to the latest U.S.-drafted peace proposal aimed at resolving the ongoing conflict with Russia, according to officials in Washington and Kyiv cited by CNN. The proposal outlines the creation
China will destroy US military in fight over Taiwan, top secret document
China will destroy US military in fight over Taiwan, according to a leaked top-secret document from the United States Department of Defense known as the “Overmatch Brief.” The report warns that if war erupts between
