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
Greece to deploy 65-140 personnel together with Patriot to Saudi Arabia
A team consisting of 65-140 military personnel of the Greek Air Force and Land Forces will be deployed together the Patriot PAC-3 long-range anti-aircraft missile array to be dispatched to Saudi Arabia, sources of the
Corona Virus: Greece’s authorities on high later, checks at Athens airport
Organized tours from China to Greece have been stopped and local authorities are on alert due to the corona virus. The Greek Education Ministry is preparing instructions for the protection of students and the health
“Greece ready to send forces to Libya,” says FM Dendias
“Greece is ready to help the next day in Libya. Either by joining those forces needed for a truce, or by the participation of Greek forces in the European operation to implement the arms embargo
Greece responds to Erdogan’s aggressive remarks ahead of Berlin meeting
Greece and Turkey have traded barbs a few hours ahead of the meeting on the situation in Libya in Berlin. Turkish President Recep Tayyip Erdogan again indulged in aggressive remarks early Sunday, before departing for
Turkey’s vessels south of Crete? “We’ll consider all scenarios,” warns Greek Ministry of Defense
“If Turkey violates our sovereignty, we will consider all scenarios”, Greek Defense Minister Nikos Panagiotopoulos said on Friday. “We are not warmongers but we will react if deemed necessary,” he added. The threats come just
Cyber-attacks against handful of Greek govt websites
A handful of Greek government and state websites were targets of hackers on Friday evening, with Turkish media reports claiming the cyber-attacks emanated from Turkey. A Facebook page, claiming to represent Turkish “hackers”, said the
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
