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
Albanese blames pro-Palestinian protests for office closure
Australian Prime Minister Anthony Albanese has blamed ongoing pro-Palestinian protests for the closure of his long-standing electorate office in Sydney’s inner west, ending nearly three decades of presence in Marrickville. The office, leased from St.
Australian teens traumatised after seeing Charlie Kirk assassination video with no warning
Australia is facing renewed scrutiny over online safety after multiple teenagers reported seeing unfiltered footage of US political commentator Charlie Kirk’s assassination without any warning on Saturday morning. The shocking event occurred earlier this week
Australia must stamp out Islamophobia, PM Albanese says
Australian Prime Minister Anthony Albanese delivered a strong call for unity and social cohesion on Friday, declaring that the country “must stamp out the hate, fear, and prejudice that drive Islamophobia.” His comments came during
Australia’s big four banks slash thousands of jobs – Everyday customers to bear the cost
Australia’s four major banks – ANZ, Commonwealth Bank (CBA), NAB, and Westpac – are continuing a worrying trend of large-scale redundancies, with thousands of positions cut over the past year. Banks aim to boost profits,
Anthony Albanese praises EU for following Australia’s lead on social media restrictions for children
Australian Prime Minister Anthony Albanese has welcomed the European Commission’s decision to follow Australia’s lead in implementing strict social media restrictions for children under 16. European Commission President Ursula von der Leyen announced the creation
Measles alert: Second case in Cairns – Vaccination urged for Bali travellers
Queensland health authorities have confirmed a second case of measles in Cairns, urging travellers to Bali to ensure they are vaccinated. The new case involves a close contact of a person diagnosed last week after
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
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
