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
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
More than one in four young Greeks are not working or studying
More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union,
Heat wave with temperatures up to 41°C to strike Greece July 1-5
A heat wave with temperatures reaching up to 41 degrees Celsius is forecast to strike Greece in the upcoming weak. Temperature have risen as of this Monday, July 1st, and will remain high until at
Greek Trump: Mayor wants to build a wall to segregate Roma settlement
An elected mayor in Northern Greece wants to build a wall around a Roma settlement even if it is illegal and against the Constitution and no public servant, no matter how racist one is, could
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
