Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
By establishing a dedicated whistle-blowing body, Labor can prove its integrity credentials
Without the support of a whistleblower protection authority, too many whistleblowers remain silent, to the detriment of our democracy. Imagine finding something amiss at work: irregularities in project numbers as a public servant or discovering
The magic income that could win the biggest tax cut
Australia’s political stage could be set for a showdown this week as the government introduces its proposal to parliament to overhaul the stage 3 tax cuts. Both parties have claimed that their tax package does
Why it’s a good bet the RBA’s Melbourne Cup Day interest rate hike will be the last
Peter Martin – via The Conversation Australia just became the odd one out. At its meeting last week, the US Federal Reserve kept its official interest rate on hold. A week earlier, the European Central
Optus outage leaves 10 Million Australians without mobile or internet
Optus outage leaves 10 million without mobile or internet network: Boss’s silence makes alarming admission about the cause. Optus has suffered one of the biggest outages in Australian history. The Optus crash has affected 10
The ABC smear proposes X is now a ‘worthless’ platform
In a scathing attack on Twitter the news organization ABC has labelled the platform proposing X is now a ‘worthless’ platform. If the ABC smear proposes X is now a ‘worthless’ platform, how valid is
Lending for new homes remains at 20 year lows
“Despite a rise in the number of loans for the construction and purchase of new homes in September, they remain around their lowest levels for the past two decades,” stated Tom Devitt, Housing Industry Association
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis
A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on Saturday, with a top defense
Greek FM summons Turkey’s Ambassador over mass migrants’ arrivals
Foreign Minister Nikos Dendias summoned the Turkish ambassador to Athens in order to express Greece’s deep dissatisfaction over the increased influx of migrants from Turkey, that culminated with the unprecedented mass arrivals of more than
Major spike in number of illegal migrants, would-be asylum seekers landing in Lesvos last week
A significant spike in the number of small craft carrying third country nationals, mostly Afghans, to the eastern Aegean island of Lesvos (Mytilene) was recorded on Thursday, with no less than 13 flimsy inflatable vessels
Cosco-led Piraeus Port Authority submits revised master plan; worth 800 mln€
A revised master plan by the Cosco-managed Piraeus Port Authority was tabled on Friday for review by a shipping ministry ports committee in the coming period. The revised master plan, which according to the port
Mitsotakis to Observer: Athens will ask for loaning of Parthenon Marbles amid 2021 series of events
Greek Prime Minister Kyriakos Mitsotakis referred to the “loaning” of the Parthenon Marbles – 14 friezes or metopes – from the British Museum in London to Greece on the occasion of the 200th anniversary of
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“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
