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
3 Interest Rate cuts spark biggest Home Loan rush since the Pandemic
Australia’s housing market is experiencing an unprecedented surge in home loan applications, driven by three consecutive interest rate cuts in 2025 that have significantly boosted buyers’ borrowing power. According to recent data from Commonwealth Bank
Australia considers new Road Usage Tax as part of broader fiscal reform
The Australian federal government is considering introducing a new road usage tax, as part of broader tax reform and the transition to new mobility trends. The proposal emerged following a three-day productivity forum in Canberra,
New report shows Australians embracing AI in the workplace
Australian workers are optimistic about artificial intelligence adoption and the impact it will have in the workplace, with a new report from the Tech Council of Australia (TCA) finding most workers believe technology has improved
Australia-Israel diplomatic standoff: Visa revocations for Australian representatives to Palestine
An unprecedented diplomatic confrontation has erupted between Australia and Israel following the Australian government’s decision to recognise the Palestinian state. This move triggered a series of retaliatory actions, with the Israeli government revoking visas for
Covid-19 linked to accelerated blood vessel ageing, Australian patients included in major global study
A major international study involving Australian participants has revealed that Covid-19 may accelerate the ageing of blood vessels, particularly in women, raising fresh concerns about the long-term cardiovascular risks of the virus. The research, published
Australian meth, cocaine, MDMA, and heroin use jumps 34% in one year
Australians consumed 34 per cent more methamphetamine, cocaine, heroin, and MDMA in 2024 compared to the previous year, according to the latest National Wastewater Drug Monitoring Program. The survey found that 22.2 tonnes of these
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
Europe’s fear isn’t of Russia, it’s of itself
Europe’s fear isn’t of Russia, it’s of itself. The Guardian splashed its front page with the usual hysteria, hoping readers wouldn’t notice the one line that undercut the entire narrative: “We are not planning to
SIPRI reports record arms sales in 2024
Global arms sales hit record $679 billion amid ongoing conflicts The world’s top 100 arms manufacturers reached record revenues in 2024, totaling $679 billion (€586 billion), marking a 5.9% increase compared to the previous year,
US fighter jets patrol international airspace around Venezuela, WSJ reports
US fighter jets have been conducting near-continuous patrols in international airspace surrounding Venezuela amid sharply escalating tensions between Washington and Caracas, according to a Wall Street Journal report published on Saturday. The development comes shortly
Global Airbus warning grounds Jetstar A320 flights, causes widespread travel disruption
A major global aviation alert has triggered significant travel chaos, with Jetstar confirming that several of its Airbus A320 aircraft are currently unable to depart due to a critical software issue affecting thousands of jets
Israel breaks up Turkish-linked network smuggling arms and funds to West Bank
Israel breaks up Turkish-linked network smuggling arms and funds to West Bank, uncovering what officials describe as one of the most significant counter-terrorism operations of 2025. The Shin Bet (Israel Security Agency) and Israel Police
Cyprus calls on Turkey to negotiate maritime boundaries under UNCLOS
Cyprus Calls on Turkey to negotiate maritime boundaries under UNCLOS, with President Nikos Christodoulides extending an open invitation to Ankara to sit down with the Republic of Cyprus and engage in direct talks on defining
