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
4.4 Magnitude earthquake strikes off Amorgos coast – no damage reported
A magnitude 4.4 earthquake struck off the coast of Amorgos in the early hours of Thursday, sparking concern among residents but causing no reported damage or injuries. According to the Geodynamic Institute of Athens, the
Oropos fire: Fierce overnight battle with flames – improvement in Asprochori, concerns shift to Sykamino
A large wildfire continues to burn in the Oropos region of Attica, with two active fronts threatening local communities. One front is advancing toward Asprochori and the other toward Sykamino, where the situation is currently
Greece Plans Detention Centres in Crete After Diplomatic Rift with Libya
Following a diplomatic incident in Benghazi that saw Field Marshal Khalifa Haftar expel a European migration delegation, the Greek government is preparing a new wave of strict measures to stop migrant arrivals from Libya to
Mitsotakis knew everything about the OPEKEPE scandal
“We failed. Trading for a few votes is unacceptable.” Mitsotakis knew everything about the OPEKEPE scandal. There are more scandals, at least two more to be revealed, and there are elections on the horizon as
Greek Security Council (KYSEA) convenes amid Middle East tensions – Athens evaluates risks to stability and national interests
Greece’s top security body, the Government Council for Foreign Affairs and Defence (KYSEA), is convening in an extraordinary meeting today at 12:00 PM, chaired by Prime Minister Kyriakos Mitsotakis, in response to rising geopolitical tensions
Greece deploys drones to monitor beaches after 3,000 complaints over Illegal sunbeds
Greek authorities are launching a new aerial monitoring initiative, deploying drones to surveil beaches across the country following a surge of over 3,000 public complaints regarding unlawful occupation of coastal space, unauthorized sunbeds, and restricted
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
UK election: a new chapter for the country – what Labour will really change
Labour’s historic victory in the UK election was underlined by the exit poll, which showed that Kir Starmers’ party won 410 seats in the House of Commons, while Rissy Shunak’s Conservative Party won 131 seats,
The impending surge of Marine Le Pen in France
Examining the momentum behind Le Pen’s National Rally Marine Le Pen and her National Rally movement have emerged as the leading force in the European elections this year and appear poised to also secure victory
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
Bolivian coup fails amid suspicion of foreign interference
Riot police closely monitored government buildings the day after army chief Zuniga deployed troops and tanks to the center of the capital. Bolivian coup fails amid suspicion of foreign interference in a coup attempt that
