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
Nationwide ban on abusive childcare workers could take a year, Attorney-General warns
Attorney-General Michelle Rowland has admitted that urgent measures to close loopholes in Australia’s childcare system, which are being exploited by child abusers, may take up to 12 months to implement. Speaking ahead of a meeting
Brother of murdered Australian-Israeli Galit Carbone slams Anthony Albanese over Palestinian statehood recognition
The Australian and Israeli communities are shaken by the powerful statement of Danny Majzner, brother of Galit Carbone, the Australian-Israeli woman brutally murdered by Hamas terrorists on October 7, 2023. Mr. Majzner, 63, has strongly
4-Day work week plan could starve CBD cafés and kill productivity
“The 4-day week may sound good on TV appearances—but for cafés and CBD venues, it’s a path to empty stores and debt—not productivity” The Australian Restaurant & Cafe Association (ARCA) warns that the ACTU’s push
Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
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
Australia to purchase 11 frigates from Japan in a deal worth a reported $10 billion
Australia is moving forward with the acquisition of 11 Mogami-class frigates, which will be built by the Japanese group Mitsubishi Heavy Industries (MHI), in a deal worth $10 billion. The announcement was made by Australian
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
Greece and Turkey agree on closer cooperation against organised crime
Greece and Turkey have agreed to significantly strengthen bilateral cooperation in the fight against organised transnational crime, following high-level talks in Istanbul between Greek Minister for Citizen Protection Michalis Chrysochoidis and Turkish Interior Minister Ali
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The
Farmers submit demands to government, reject transfer of OPEKEPE oversight to tax authority
Greek farmers have formally submitted a comprehensive list of demands to the government, placing strong emphasis on their opposition to the transfer of oversight and control of OPEKEPE—the agency responsible for agricultural subsidies—to the Independent
Postal voting for Greeks abroad set to expand to national elections
The government has signalled its intention to extend postal voting to Greek citizens living abroad in national elections, marking a significant institutional reform of the country’s electoral system. The announcement was made by Interior Minister
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
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
Australia and Papua New Guinea fail to finalise defence treaty, sign communique instead
A long-anticipated defence treaty between Australia and Papua New Guinea failed to cross the finish line today, with both nations instead signing a communique in place of the formal agreement. The setback is seen as
Tyler Robinson Charged with Charlie Kirk’s Murder – Could Face Death Penalty
Tyler Robinson, 22, has been formally charged in Utah with the premeditated murder of conservative activist Charlie Kirk, a killing prosecutors have called an “American tragedy.” At a press conference, Utah County District Attorney Jeff
Guterres: “I am determined to restart talks on the Cyprus issue”
United Nations Secretary-General António Guterres stated he is determined to act toward the resumption of talks on the Cyprus issue. Responding to a related question during a press briefing, he said: “I am not pessimistic,
Trump in Britain – “Prince” Charles gaffe, clash with Australian journalist, and hint of meeting with Albanese
Late Tuesday night, U.S. President Donald Trump and First Lady Melania landed in London to begin their official visit to the United Kingdom. They were greeted by U.S. Chief of Protocol Monica Crowley and Viscount
Israeli tanks in Gaza: Ground operation begins to capture the city
The Israeli army launched a ground operation to seize Gaza at midnight Monday (Tuesday morning, Australian time), with tanks reported in the heart of the city.According to the Jerusalem Post, tanks of the Israel Defense
Premier Jacinta Allan considers Chinese investment to fund Suburban Rail Loop
Victorian Premier Jacinta Allan has left the door open to Chinese investment to help finance the state’s massive Suburban Rail Loop (SRL) project during her ongoing trip to China. On Tuesday, the second day of
