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
Crackdown on antisemitism: Albanese warned to cut funding to universities failing to act
Prime Minister Anthony Albanese is under mounting pressure to withdraw public funding from universities, programs, and individuals who tolerate or fail to combat antisemitism, following a major report released today. The report, authored by Australia’s
Australia may face higher AUKUS costs and pressure to join US-China conflict
Australia’s nuclear submarine deal under AUKUS could become more costly and politically fraught, as the US Department of Defence reviews the trilateral agreement under President Donald Trump’s “America First” agenda. A report from The Age
Bipartisan support for PBS amid Trump’s Pharma tariff threat
Donald Trump’s threat to impose a 200% tariff on pharmaceutical imports has united Australia’s political leadership in support of the Pharmaceutical Benefits Scheme (PBS). The Albanese government reaffirmed its commitment that the PBS is “not
Qantas confirms data breach affected 5.7 million customers, criminal contact made
Qantas has confirmed that 5.7 million of its customers have had personal data compromised in a major cybersecurity breach, with the company now contacting those affected and working with law enforcement following contact from a
ATO GST scam rocks public sector as taxpayer losses hit $2 billion
The Australian Taxation Office (ATO) is facing one of the worst integrity scandals in its history, after it was revealed that a massive GST refund fraud—amplified on social media—has cost taxpayers over $2 billion. So
Opposition presses Albanese government over lagging productivity
Australia’s economic debate has intensified after Reserve Bank Governor Michele Bullock cited weak productivity as a key concern in her justification for holding interest rates steady — prompting the opposition to demand urgent action from
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
Greece and Turkey agree on closer cooperation against organised crime
Greece and Turkey have agreed to significantly strengthen bilateral cooperation in the fight against organised transnational crime, following high-level talks in Istanbul between Greek Minister for Citizen Protection Michalis Chrysochoidis and Turkish Interior Minister Ali
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The
Farmers submit demands to government, reject transfer of OPEKEPE oversight to tax authority
Greek farmers have formally submitted a comprehensive list of demands to the government, placing strong emphasis on their opposition to the transfer of oversight and control of OPEKEPE—the agency responsible for agricultural subsidies—to the Independent
Postal voting for Greeks abroad set to expand to national elections
The government has signalled its intention to extend postal voting to Greek citizens living abroad in national elections, marking a significant institutional reform of the country’s electoral system. The announcement was made by Interior Minister
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
Trump claims U.S. will ‘take over’ Gaza and ‘level’ it
In a stunning announcement during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House, former U.S. President Donald Trump declared that the United States would “take over” and “own” the
Bloomberg warns the World: Turkey’s naval ambitions surge with two new frigates
The commissioning of two new Turkish frigates this month marks a significant step in Ankara’s naval expansion, strengthening its influence in the Mediterranean, Aegean, and Black Seas, and extending its reach beyond these regions. This
Greece rises against a failing state in the wake of the Tempi tragedy
The Tempi tragedy, which in February 2023 claimed the lives of 57 people, remains an open wound for Greek society. Greece rises against a failing state in the wake of the Tempi tragedy. Last Sunday,
What is DeepSeek, and why did it shake US tech stocks?
A Chinese tech startup called DeepSeek has sent shockwaves through US stock markets and reignited debate over economic and geopolitical competition between the United States and China. So, What is DeepSeek, and why did it
Skopje’s PM Mitskoski defies Prespa Agreement, fuels nationalist rhetoric
The policy of Skopje’s Prime Minister, Christian Mitskoski, towards the Prespa Agreement remains uncompromising, as Skopje’s PM Mitskoski Defies Prespa Agreement, Fuels Nationalist Rhetoric marked by open violations of the agreement and a nationalist tone
Greece’s out of touch government played and lost in Ukraine
Veteran journalist and Kathimerini director Alexis Papachelas has criticised the Mitsotakis government’s handling of foreign policy, stating that Greece’s out of touch government played and lost in Ukraine. During a recent Prime Time broadcast on
