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
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
Greece’s Aegean territorial sea extension is a game changer
Claims by some of Greece’s political elite that the Aegean Sea is not a “Greek lake” because it would impede international navigation are completely unfounded uneducated and treacherous. Greece’s Aegean territorial sea extension is a
Premier of Victoria extends invitation to Greek Prime Minister for 2025 visit
In a recent meeting between the President of the Greek Community of Melbourne (GCM), Bill Papastergiadis OAM, and the Premier of Victoria, Jacinta Allan, along with Greek MPs, Premier Allan expressed the significance of having
October 28th, 1940 “Oxi Day”. What is it all about and why is it so important?
October 28th, 1940, Oxi Day, a Greek National Holiday, is celebrated on October 28th by military and student parades across the country. What is it all about and why is it so important? Every year
Mimis Plessas, the great composer, passes away at age 100
The celebrated composer Mimis Plessas has passed away just one week shy of his 100th birthday. The news was announced by his wife, Loukila Carrer Plessas, in a heartfelt message: “You will not be by
Count Ioannis Antonios Kapodistrias, a Greek statesman
He was born in Corfu, then part of the Venetian Republic, and came from an aristocratic family with roots in Epirus. He initially studied medicine (which he practiced in Corfu, often offering his services, often
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
Unexpected Turkish support for the Parthenon Marbles from UNESCO
At the 24th session of UNESCO’s Intergovernmental Committee for the Return of Cultural Objects to their Countries of Origin (ICPRCP), Turkey’s representative caused a surprise by undermining one of Britain’s main arguments for possession of
CBS exposes Mitsotakis-Biden plot to transport illegal immigrants to Greece
“They will be received to help Greece with its production process,” say the Americans! In an unprecedented revelation, CBS exposes Mitsotakis-Biden plot to transport illegal immigrants to Greece. The main newscast of the CBS TV
Trump found guilty – becomes first former U.S. president convicted of felony crimes
Donald Trump became the first former American president to be convicted of felony crimes Thursday as a New York jury found him guilty of all 34 charges in a scheme to illegally influence the 2016
Climate change causes 26 extra days of extreme heat in 2023
The world experienced an average of 26 more days of extreme heat over the last 12 months that would probably not have occurred without climate change, a report said on Tuesday. The report was published
Ireland, Norway, and Spain announce recognition of the Palestinian state
Norway will recognize an independent Palestinian state in the hope that this will help bring peace with Israel, Prime Minister Jonas Gahr Stoere announced on Wednesday. Ireland, Norway, and Spain announce recognition of the Palestinian
Genocide of the Greeks – the systematic ethnic cleansing of the Greek population from its historic homelands
The Greek genocide, part of which is known as the Pontic genocide, was the systematic ethnic cleansing of the Christian Ottoman Greek population from its historic homeland in Asia Minor, central Anatolia, Pontus, and the
