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
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
Albanese: ‘US-Australia alliance remains strong – Trump meeting will happen’
Australian Prime Minister Anthony Albanese has played down concerns about a delayed face-to-face meeting with US President Donald Trump, following the latter’s abrupt exit from the recent G7 summit in Canada to oversee American airstrikes
China warns Australia: Don’t be dragged into NATO’s military spending push
China’s Ambassador to Australia, Xiao Qian, has issued a strong rebuke of NATO’s new military spending target, warning the Albanese government not to fall in line with what Beijing sees as a dangerous escalation of
Bush Summit 2025: Albanese to champion the regions at Ballarat Summit
Prime Minister Anthony Albanese will lead the 2025 National Bush Summit, committing to ramp up support for regional Australia amid a year marred by devastating droughts and floods. The landmark event, organised by News Corp
Trump turns up the heat: Australia pressured to boost defence spending or face trade penalties
The Trump administration is putting mounting pressure on Australia to drastically increase its defence spending, aligning with NATO’s new benchmark of 5% of GDP. While NATO allies recently accepted this demand, Australia is resisting calls
Sussan Ley Vows to Boost Female Representation in Liberal Party Amid Quota Debate
Sussan Ley, newly elected leader of the federal Liberal Party, has pledged to increase the number of women within the party’s ranks, acknowledging a deepening gender divide that contributed to the Coalition’s landslide defeat at
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
Exquisite ancient statuettes of Apollo, Artemis unveiled for first time in Chania next week
A pair of small statuettes, depicting mythical Apollo and his twin sister, Artemis, will be presented on Today at the archaeological museum in the west Cretan city of Chania (Hania), the product of excavations at
Athens municipality: Most quake-damaged buildings are abandoned structures
The city of Athens, the biggest municipality in the greater Athens agglomeration, so far announced that 15 buildings in its boundaries were significantly damaged from the 5.1 on the Richter scale earthquake that struck the
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
PIPES: Kastelorizo: Mediterranean flash point
That Athens controls this wisp of land implies it could (but does not yet) claim an exclusive economic zone (EEZ) in the Mediterranean Sea extending 200 nautical miles to Kastelorizo. This would reduce the Turkish
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
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
Libyan military chief killed in Falcon 50 jet crash in Ankara
A private Falcon 50 jet crashed near Ankara on Tuesday evening, killing all five people on board, including Libya’s Chief of the General Staff, General Mohamed Ali Ahmed Al-Haddad. The aircraft had departed from Ankara
Mitsotakis meets Abbas in Ramallah: Greece supports peace in Gaza
Greek Prime Minister Kyriakos Mitsotakis met with Palestinian Authority President Mahmoud Abbas on Monday in Ramallah, ahead of his visit to Jerusalem and participation in the Greece–Cyprus–Israel trilateral summit. Support for the Palestinian Authority and
Trilateral Summit sends clear message to Ankara: “Do not even think of reviving empires”
A strong geopolitical message was sent from Jerusalem on Monday following the completion of the 10th Trilateral Summit between Greece, Cyprus, and Israel, as Prime Minister Benjamin Netanyahu issued a pointed warning to those “who
Israeli Foreign Minister urges Jews to move to Israel amid rising antisemitism in the West
Israeli Foreign Minister Gideon Saar has urged Jews living in Western countries to relocate to Israel, warning that antisemitism is on the rise across Europe, North America and Australia. Speaking on Sunday during a public
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European
Washington concedes strategic defeat in Ukraine
Washington concedes strategic defeat in Ukraine as the era of grand declarations about “imminent victory” and the unwavering defence of democracy appears to be drawing to a close. The curtain has been pulled back —
