
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

Trilateral Summit sends clear message to Ankara: “Do not even think of reviving empires”
A strong geopolitical message was sent from Jerusalem on Monday following the completion of the 10th Trilateral Summit between Greece, Cyprus, and Israel, as Prime Minister Benjamin Netanyahu issued a pointed warning to those “who

PASOK intensifies internal debate over potential alliances – Geroulanos rules out ND, Kastanidis open to Tsipras dialogue
Intense discussions are underway within PASOK ahead of the party’s upcoming congress, as leaders debate the strategic direction and potential alliances. Former minister Pavlos Geroulanos has firmly rejected any possibility of a coalition with the

Greek Prime Minister to visit Jerusalem for trilateral summit with Cyprus and Israel, talks also planned with Palestinian leadership
Greek Prime Minister Kyriakos Mitsotakis will travel to Jerusalem on Monday to take part in a high-level trilateral summit between Greece, Cyprus and Israel, as regional diplomacy intensifies amid shifting geopolitical dynamics in the Eastern

PULS missile system paves the way for Greece’s “Achilles Shield” as defence cooperation with Israel and UAE deepens
Greece is moving decisively to strengthen its military deterrence, following parliamentary approval for the acquisition of the Israeli-made PULS multiple rocket launcher system, a key component of the country’s planned multi-layered air and missile defence

Joint αir defence network between Israel, Greece and Cyprus
Israelis: “Deterrence of Turkey Is the Objective” The prospect of a joint air defence network between Israel, Greece and Cyprus — based on interoperable systems operating within a network-centric framework — represents a truly landmark

Smaragdis: “I received threats over the film Kapodistrias”
The official premiere of Giannis Smaragdis’ new film, Kapodistrias, was marked by intense emotion, as the acclaimed director spoke publicly — with rare candour — about the loss of his wife, Eleni Smaragdi, to whom

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

Maduro under scrutiny at the International Criminal Court?
OAS Secretary General recommends his arrest for bloodshed in Venezuela The turmoil in Venezuela following the recent election results continues to escalate, drawing international reactions. On Wednesday, Luis Almagro, the Secretary General of the Organization

Hamas chief Ismail Haniyeh assassinated in Iran
Tehran: Iran’s paramilitary Revolutionary Guard said Hamas leader Ismail Haniyeh was assassinated in Tehran. No one immediately claimed responsibility for the assassination but suspicion immediately fell on Israel, which has vowed to kill Haniyeh and

Italy and China forge three-year action plan as Meloni aims to reset ties
Italy and China signed a three-year action plan on Sunday to implement past agreements and explore new forms of cooperation, announced Italy’s Prime Minister Giorgia Meloni during her official visit to Beijing. That’s a rather

The Olympics opening ceremony epitomized decadence, division, and chaos
Maria Denaxa who is a Performance Marketing Specialist at Generation Y and a Journalist commenting on the Opening Ceremony says It was a hymn to the decadence, division, and chaos that is being pursued globally

Nicolás Maduro has been declared the winner of Venezuela’s presidential election
The US fervently desired to overthrow his government. Even Elon Musk tweeted his support to the opposition 1. Oil Factor. It is true that Venezuela has the world’s largest oil reserves and the US has

Erdogan issues open threat to invade Israel
Turkish President Recep Tayyip Erdogan has intensified his rhetoric against Israel. Erdogan issues open threat to invade Israel suggesting Turkey will intervene militarily on behalf of the Palestinians, as it has done in other conflicts.

