IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
Coalition chaos deepens as Jane Hume attacks Sussan Ley amid polling collapse and leadership unrest
The federal Coalition has plunged deeper into crisis as dumped frontbencher Jane Hume delivered a blistering assessment of Opposition Leader Sussan Ley, declaring the party was “running out of time” as catastrophic polling and internal
Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
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
RBA rate decision: What it means for households, the housing market and the Aussie dollar
The RBA has raised the official cash rate by 25 basis points to 3.85 per cent, up from 3.60 per cent. The Reserve Bank of Australia has raised the official cash rate, delivering its first
Boy swims for hours to save family after being swept out to sea
Boy swims for hours to save family after being swept out to sea has been hailed as a hero after completing an extraordinary open-water swim to raise the alarm when his family was blown far
Nationals heavyweight rules out leadership tilt as Littleproud faces challenge
A senior figure within the Nationals has ruled out mounting a leadership challenge against David Littleproud, as internal pressure continues to build on the party leader ahead of parliament’s return. Nationals senator Matt Canavan has
Greece’s political crisis intensifies amid scandal storm
A society at boiling point amid daily scandals and misuse of public funds – growing calls for immediate elections, as the public dismisses manipulated polling Greek society is increasingly on edge, with daily scandals and the alleged misuse of public funds fuelling public anger. Greece’s political crisis intensifies amid scandal
Greece, the country where offenders go unpunished
In an article “on fire” Politico “burns” the government of Kyriakos Mitsotakis, focusing on three major cases that have shocked Greece, referring to “cover-ups, failed investigations” and the “general sense of impunity”, which sounds the
SYRIZA: Kasselakis’ leadership challenged in political secretariat meeting
Tensions within the main opposition party SYRIZA between President Stefanos Kasselakis and prominent party officials continued to escalate during the political secretariat meeting on Thursday, after eight members of a top party committee “87” walked
Over 60,000 lightning strikes in 48 hours – “Multicellular storms” expected in the coming hours
The extreme weather that has been affecting parts of Greece since yesterday, with thunderstorms and hailstorms, is expected to continue through tonight, according to an Emergency Weather Bulletin issued by the Hellenic National Meteorological Service
Turkey stops the Divine Liturgy at Panagia Soumela on 15 August
Turkey is putting an end to the celebration of August 15 at Panagia Soumela in Trapezounta (Trebizond) and the “Kyra of Pontus” will not be reopened for divine service on one of the most important
Greece must shift its mindset to tackle future wildfires
Focusing solely on firefighting without a broader prevention strategy will make it difficult for EU countries to manage future wildfires, according to a Greek expert, where thousands of hectares of forest were recently destroyed in
Total failure in Greece’s fire prevention as 3.2 million acres burned since 2021
Attica is in flames, people are being violently displaced and no one can predict where this drama will end…The government’s attempt to wash out criticism of the government is evident from the TV broadcasts where
Orbán’s masterstroke leaves Brussels in checkmate
In a display of political manoeuvring so bold it borders on the theatrical, Viktor Orbán appeared to recognise early that the European Union, George Soros, Barack Obama and the wider globalist establishment were aligned against him. With little credible left-wing opposition remaining in Hungary — none surpassing the modest 5
Israel intercepts Greek ship “Oxygono” as part of the Global Sumud Flotilla to Gaza
Israel intercepted the Global Sumud Flotilla, which had set sail to deliver humanitarian aid to the Palestinian population in Gaza, detaining dozens of activists, including internationally renowned Swedish climate activist Greta Thunberg. The Greek ship
Copenhagen: Greece emphasizes protection of Europe’s southern borders amid Russian threats
The informal EU Summit in Copenhagen, hosted by Danish Prime Minister Mette Frederiksen and chaired by European Council President António Costa, focused on strengthening European defense and supporting Ukraine in the face of ongoing Russian
Australian activists claim to have “outsmarted” Israeli military as aid flotilla nears Gaza
A group of Australian activists on board an aid flotilla bound for Gaza claim they have “outsmarted” Israeli forces and are still on course to reach the besieged Palestinian enclave. Australian filmmaker Juliet Lamont posted
Australia’s opposition demands strong support for BHP in China dispute
Australia’s opposition is urging the Albanese government to actively intervene as BHP faces a reported freeze on iron ore shipments to China following stalled price negotiations. Opposition finance spokesman James Paterson criticized the government’s “hands-off”
Zelensky warns of nuclear risk after Russian drone strike near Chernobyl causes power outage at decommissioned plant
Ukrainian President Volodymyr Zelensky has accused Russia of recklessly endangering global safety after a wave of drone strikes caused a three-hour power outage at the decommissioned Chernobyl nuclear facility, site of the world’s worst nuclear
Three Hamas members arrested in Germany
Planned terror attacks against Jewish institutions – weapons seized during raid German authorities have arrested three men suspected of being members of Hamas, accused of plotting terror attacks on Jewish and Israeli institutions across Germany.
