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
Ancient Tombs unearthed in Nemea, Greece shed light on Mycenaean Civilization
An ancient, unlooted chamber tombs dating from the Late Mycenaean period, (1400 – 1200 BC), near Nemea in the Peloponnesian Peninsula. The newly-found tombs at the Aidonia burial site include five full burials and the
Three Greek Students Sweep Medals at 26th International Mathematics Competition
Three Greek university students swept the medals, winning one gold and two silver, in this year’s International Mathematics Competition (IMC), which took place in Blagoevgrad, Bulgaria between July 28 and August 3. The team from
Greeks most pessimistic about future of EU
Greeks are the most pessimistic among their EU peers about the future of the European Union, according to the Standard Eurobarometer survey of spring 2019 published on Monday, which inquired about topics such as the
Ancient shipwrecks off Greek island of Evitha yield treasure trove of discoveries
The first underwater archaeological research period of the Ephorate of Underwater Antiquities off the island of Levitha has yielded some important discoveries, according to the Ministry of Culture and Sports. The research was conducted from
Drowning of three children on a day raise questions about pools safety
In two separate incidents, three youngsters drowned in swimming pools of hotels on the islands of Rhodes and Crete on a single day. An 8-year-old child drowned in the swimming pool of a hotel in
Greece records two deaths from West Nile virus
Greek health authorities disclosed on Thursday that Greece has experienced the first deaths this year from the West Nile virus. The two victims of the virus were both over the age of 80. The National
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
Conservative activist Charlie Kirk killed in Utah University shooting amid confusion over suspect
Shock reverberates across the United States after conservative activist and ally of President Donald Trump, Charlie Kirk, was shot during an event at Utah Valley University and later died in hospital. The incident occurred around
Australia steps up Pacific leadership amid rising Chinese influence
Australia is strengthening its role as a key security and development partner in the Pacific, as tensions mount following Palau’s President Surangel Whipps Jnr’s warning that “we are already at war” with China. Prime Minister
World Trade Center – 24 years on
The attacks that Reshaped the World and Australia. It has been 24 years since the September 11, 2001, terrorist attacks in the United States. Nearly a quarter of a century later, the consequences of that
Australian travellers remain safe following deadly attacks in Doha – experts reassure
Following recent deadly air strikes in Doha, Qatar, Australian travellers have not experienced flight cancellations or major disruptions. Hamad International Airport continues to operate normally, serving flights to and from Australia. Airlines are avoiding airspace
Algeria calls for UN Security Council emergency meeting after Israeli attack in Doha
The international community is closely monitoring the recent Israeli military strike in Doha, Qatar, targeting senior leaders of the Palestinian movement Hamas. Algeria submitted a formal request for an emergency meeting of the United Nations
Australia condemns Israeli strike in Doha – global repercussions
Israel’s airstrike in the Qatari capital, Doha, targeting senior Hamas officials, has triggered strong international backlash. Australia’s Foreign Minister Penny Wong described the move as “wrong” and a violation of Qatar’s sovereignty, warning that it
