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
PASOK calls for elections due to OPEKEPE Scandal
For the first time, PASOK officially mentioned the prospect of calling elections in connection with the OPEKEPE scandal, on the condition that the statute of limitations for any offenses will be prevented. During the meeting
Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,
Athens fires back at Ankara over East Med dispute: “Turkey cannot lecture others on International Law”
Greece has issued a stern diplomatic response to fresh accusations from Turkey regarding its stance on the controversial Turkey-Libya maritime agreement. The Greek Foreign Ministry, through diplomatic sources, denounced Turkey’s latest comments as “incompatible with
Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi
Wildfire disaster in Chios: Tens of thousands of acres burned as blaze continues to rage
Chios is currently experiencing one of the most severe environmental disasters in recent Greek history. For the third consecutive day, an uncontrollable wildfire has scorched vast swathes of the island, with more than 30,000 hectares
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
Netanyahu confirmed that Israel has launched an attack against Iran
Pro-Western news outlet Axios reports that the U.S. and Israeli officials anticipate a military response from Iran but hope it will be limited, potentially breaking the cycle of retaliation between the two nations. The Biden
U.S. Confirms deadline given to Israel: Netanyahu’s required actions in Gaza within 30 days
The United States has confirmed that it has issued a warning to Israel concerning humanitarian aid efforts in Gaza. In a recent press briefing, U.S. State Department spokesperson Matthew Miller addressed the letter sent to
Intense exchange characterizes U.S. Vice Presidential Debate as candidates’ microphones cut by CBS
In the midst of a notably tense electoral campaign, Democratic candidate Tim Walz and Republican contender J.D. Vance faced off in their first and only vice presidential debate. With Kamala Harris and Donald Trump having
Unanimous condemnation of Iran’s attack by the EU – International reactions
On October 2, 2024, the international community has called for de-escalation following the launch of hundreds of missiles by Iran targeting Israel. During this tense period, both nations have resumed threats against each other, heightening
Why the world’s biggest powers can’t stop a Middle East war
The United States’ ability to influence events in the Mideast has waned, and other major nations have essentially been onlookers. Over almost a year of war in the Middle East, major powers have proved incapable
What is Diddy accused of? From JLo to 1,000 baby oil bottles and TikTok conspiracy theories
The 54-year-old rapper and music mogul was arrested by federal agents in New York this September, facing charges of trafficking, sexual assault, and rape – “He exploited his connections with celebrities”. Diddy’s arrest is leading
