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
Liberal Party turmoil as Jacinta Nampijinpa Price dumped from Coalition frontbench
In a dramatic and controversial move, Opposition Leader Sussan Ley has sacked Senator Jacinta Nampijinpa Price from the Coalition frontbench, sparking turmoil within the Liberal Party. The decision followed Price’s refusal to apologise for remarks
NAB announces 410 job cuts following ANZ’s mass redundancies
Australia’s banking sector is reeling after National Australia Bank (NAB) revealed it will slash 410 jobs in its technology and enterprise division, just one day after ANZ announced it would axe 3,500 roles. The NAB
Australian travellers remain safe following deadly attacks in Doha – experts reassure
Following recent deadly air strikes in Doha, Qatar, Australian travellers have not experienced flight cancellations or major disruptions. Hamad International Airport continues to operate normally, serving flights to and from Australia. Airlines are avoiding airspace
ALDI enters Australia’s residential solar market
German discount supermarket chain ALDI, well known for its low-cost strategy and streamlined shopping experience, is now venturing beyond groceries into the residential solar energy market in Australia. Starting Wednesday, households in New South Wales,
Australia condemns Israeli strike in Doha – global repercussions
Israel’s airstrike in the Qatari capital, Doha, targeting senior Hamas officials, has triggered strong international backlash. Australia’s Foreign Minister Penny Wong described the move as “wrong” and a violation of Qatar’s sovereignty, warning that it
Sydney tragedy: Greek-Australian surfer Mercury Psillakis killed in shark attack
The Greek-Australian community is mourning the tragic death of 57-year-old surfer Mercury Psillakis, who was killed in a shark attack at Dee Why on Sydney’s Northern Beaches. The well-known ομογενής, a passionate surfer and respected
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
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
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
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
What the Greenland dispute means for NATO – and the future of Europe
As winter tightens its grip across the northern hemisphere, a diplomatic chill is spreading through the transatlantic alliance. A growing dispute over Greenland has exposed deep fractures between the United States and its NATO allies,
Iran closes airspace and threatens Trump as US prepares for possible strike
Tensions between the United States and Iran escalated sharply on Thursday after Tehran moved to close most of its airspace, issued a direct threat against US President Donald Trump, and warned it would strike American
Iran in flames as mass protests erupt nationwide, Trump threatens “severe attack” on Tehran
Iran has been plunged into its most dangerous wave of unrest in years as mass protests swept across the country overnight, with demonstrators flooding the streets of Tehran and other major cities, buildings set ablaze,
Imperial Playbook: How Washington manufactured crises in Ukraine and Venezuela
Imperial Playbook: How Washington manufactured crises in Ukraine and Venezuela, as commentators increasingly claim that Donald Trump’s actions in Venezuela mirror Vladimir Putin’s actions in Ukraine, calling for equal condemnation in the name of consistency.
Venezuela was never about democracy, it’s a resource war
Venezuela was never about democracy — it is a resource war, not a morality tale but a balance-sheet conflict dressed up as benevolent intervention. The country sits atop roughly 303 billion barrels of oil, much
