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
The Karystianou political bet and the opposition’s uneasy response
Greece’s opposition landscape appears to be entering a period of significant recalibration, as the prospect of a new political party led by Maria Karystianou sends tremors across the political spectrum. Figures and parties that only
Mitsotakis from Brussels: Transatlantic ties tested, but signs of cautious stabilisation
Greek Prime Minister Kyriakos Mitsotakis acknowledged that relations between Europe and the United States have gone through a turbulent period, while stressing that recent developments point to a modest improvement, following the conclusion of the
Attica submerged by severe weather: Where the heaviest rainfall fell
Attica was effectively “swamped” by extreme weather, with vast areas left underwater after rainfall levels exceeded all previous records. Residents were forced to dig their cars out of mud and debris carried by flash floods.
Targeting Maria Karystianou: How an independent voice became a threat
A wave of political vilification in full motion “Targeting Maria Karystianou at all costs,” on orders of the ‘centre of power’. Targeting Maria Karystianou: How an independent voice became a threat. Over the past few
IDF: Israel to share F-35 experience with Greece, citing Greek mastery at sea
Significant development – IDF spokesperson: “We will share with Greece what we have learned about the F-35s. The Greeks know how to prevail at sea” IDF: Israel to share F-35 experience with Greece, citing Greek
Stefanos Kasselakis: many gay politicians hide their identity in parliament and government
Stefanos Kasselakis, leader of the Democratic Movement, recently spoke in an interview with Crete TV, highlighting what he described as a significant issue in Greek politics: many gay individuals in Parliament and the government conceal
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
Turkish television discusses striking Greece
On Turkey’s pro-government TV channel AHaber, political analysts and national security specialists enthusiastically discussed how the Turkish Air Force could strike Greek islands in the Aegean Sea. Speaking in front of a map of Turkey
European solidarity with Ukraine: Sending generators in a time of crisis
The recent Russian missile and aircraft attack on Ukraine’s energy infrastructure has prompted an extraordinary response from the European Union. In particular, Germany, Austria, Sweden and the Netherlands have agreed to send 157 generators to
ISIS threat to Champions League confirmed as security tightens in Paris, Madrid and London
Concerns are growing as Europe goes on red alert following the threat of terrorist attacks at Champions League matches by Islamic State. France, Spain and Britain have all reacted swiftly to tighten security ahead of
Trump leads Biden in six of the seven most competitive states
Republican leader Donald Trump has a 2 to 8-point lead over incumbent President and Democratic leader Joe Biden in a poll conducted in six key states ahead of the November United States presidential election. According
Earthquake in Taiwan: Fear for those trapped inside tunnel
Rescue teams in Taiwan are racing to free trapped people after the more than seven-magnitude earthquake, the largest in 25 years, shook the country yesterday. Among them were more than 130 people trapped inside buses
Major 7.4 magnitude earthquake in Taiwan: Tsunami warnings
An earthquake measuring 7.4 on the Richter scale struck Taiwan just before 8am (Taipei time). The epicentre of the quake was quite close to the island, prompting emergency tsunami warnings in Taiwan itself and on
