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
Greek Orthodox Archdiocese of Australia Through the 3XY Radio Hellas Radiothon raises OVER $360.000 for the fire victims of devastating fires in Greece
Greek Media Group, (3XY Radio Hellas – TA NEA) embraced the initiative undertaken by the Greek Orthodox Archdiocese of Australia to conduct a fundraising campaign, throughout Australia with the slogan “Let’s help Greece”, an initiative
Greece’s Island of Flames – Evia – Symbol of Europe’s Summer of Hell
ATHENS — While it seemed like all the fires were in Greece, 2021 has been hellish all across Europe where blazes destroyed huge swathes of forests but nowhere more so than Greece’s second-biggest island of
Olympics, Return them to Greece
Holding the games in a different country every four years invites chaos, corruption, and redundant infrastructure. The great Australian journalist Murray Sayle famously said there were only two newspaper stories: “we name the guilty man”
Turkey, a global problem
Turkey has once again escaped the consequences of its actions, this time in Nagorno-Karabakh. It is probably today in the crosshairs of the Pentagon, which wishes to destroy it like all the other states in
Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
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
The Middle East on a razor’s edge: Tough bargaining for a ceasefire
International concerns over the escalation of war in the Middle East have peaked as U.S. Secretary of State Antony Blinken arrives in Israel in a last-ditch diplomatic effort to secure a ceasefire in Gaza. This
Monkeypox: WHO Recommends Vaccination in Affected Areas
The World Health Organization (WHO) recommended on Monday that countries affected by the mpox virus (commonly known as monkeypox) initiate vaccination programs, particularly in regions where cases have been reported. The mpox outbreak in the
Sicily shipwreck: Tech tycoon Mike Lynch among the missing
At least one person has died and six others are missing after a luxury yacht was struck by a severe storm and sank off the coast of Palermo, Sicily’s capital. Among the missing is British
159 countries poised to adopt BRICS new payment system
Amid ongoing efforts to create a SWIFT alternative, the BRICS alliance is developing its payment system. This system will play a crucial role in the bloc’s trade, enabling transactions without relying on the US dollar.
German Police to raid homes over sharing non-mainstream content online
The German government has proposed a plan that could allow German Police to raid homes over sharing non-mainstream content online and on social media. According to reports from Der Spiegel and RND, the German Federal
Russian Zaporizhzhya nuclear power plant was attacked
It seems the worst has been averted despite a fire in the cooling system of the Zaporizhzhya nuclear power plant, caused by another Ukrainian artillery strike. Fortunately, no serious damage or radiation leakage has been
