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
Turkey cries foul as Greece boosts Aegean firepower
Greece has taken a significant step forward with its new defence agreement with Israel. The government in Athens has decided to strengthen its arsenal by acquiring PULS multiple-launch rocket systems, with a range of between 35 and 300 kilometres. Following approval by the Greek Parliament, the agreement was signed and
Wildfires rage across western Greece and the islands, devastating homes and forests
In the past 24 hours, 48 new fires broke out, bringing the total to 109 incidents since the outbreak began. For a second consecutive day, firefighters battled relentless wildfires across Western Greece and several Aegean
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the
Turkish blocks research vessel from conducting surveys on behalf of Cyprus
Turkey is reported to have blocked the research vessel Fugro Gauss, sailing under the flag of Gibraltar, from conducting geophysical surveys on behalf of the Republic of Cyprus in a maritime area that Ankara considers
Albanian Foreign Ministry issues provocative map encompassing Greek territory
“Good neighbourly relations are not just rhetorical niceties. They are practices based on the principles of reciprocity, mutual respect, and a shared understanding of international law. Albanian Foreign Ministry issues provocative map encompassing Greek territory.
Outcry over bribery allegation in public hospital
Immediate Intervention by the Ministry of Health and Minister Adonis Georgiadis A particularly serious allegation regarding a demand for a bribe by a doctor at a Regional Hospital in the country has sparked a strong
Taxi driver arrested in Athens – He demanded €310 for Airport to Syntagma trip
A 20-year-old taxi driver was arrested Friday afternoon by officers of the Syntagma Police Department in central Athens after charging a customer €310 for a ride from Athens International Airport to Syntagma Square—an amount nearly
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
US bolsters forces in the Middle East amid rising tensions with Iran
The United States has significantly reinforced its military presence in the Middle East, deploying two aircraft carrier strike groups, additional warships and combat aircraft as tensions with Iran escalate. The move comes amid reports that
European industry warns sky-high energy costs are crushing competitiveness
More than 1,300 business leaders and industry organisations across Europe have issued an urgent appeal to Brussels. European industry warns sky-high energy costs are crushing competitiveness, warning that soaring energy prices and carbon charges are
World Greek Language Day: Honouring the language that shaped civilisation
Greece officially marked World Greek Language Day for the first time on 9 February this year, with a sense of responsibility and pride, Foreign Minister Giorgos Gerapetritis said in a public message. He noted that
BrahMos missiles and Tejas Fighters? What India proposed to Greece
During his official visit to New Delhi, Greek Defence Minister Nikos Dendias laid the groundwork for a new chapter in Greece–India defence relations. BrahMos missiles and Tejas Fighters? What India proposed to Greece is one
Calm waters in the Aegean: what Mitsotakis and Erdoğan agreed on — and where they still disagree
A meeting aimed at stability The meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in Ankara, held during the 6th Greece–Turkey High-Level Cooperation Council, confirmed that the current phase of
Iranian regime accused of executing wounded protesters in hospitals as Trump issues ultimatum
Iran’s ruling regime has been accused of carrying out executions of wounded anti-government protesters inside hospitals, as United States President Donald Trump escalated pressure on Tehran with the threat of further military action. Disturbing reports
