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
Over 60,000 lightning strikes in 48 hours – “Multicellular storms” expected in the coming hours
The extreme weather that has been affecting parts of Greece since yesterday, with thunderstorms and hailstorms, is expected to continue through tonight, according to an Emergency Weather Bulletin issued by the Hellenic National Meteorological Service
Turkey stops the Divine Liturgy at Panagia Soumela on 15 August
Turkey is putting an end to the celebration of August 15 at Panagia Soumela in Trapezounta (Trebizond) and the “Kyra of Pontus” will not be reopened for divine service on one of the most important
Greece must shift its mindset to tackle future wildfires
Focusing solely on firefighting without a broader prevention strategy will make it difficult for EU countries to manage future wildfires, according to a Greek expert, where thousands of hectares of forest were recently destroyed in
Total failure in Greece’s fire prevention as 3.2 million acres burned since 2021
Attica is in flames, people are being violently displaced and no one can predict where this drama will end…The government’s attempt to wash out criticism of the government is evident from the TV broadcasts where
Real estate is a big business force in the Cyclades
Which Cycladic islands have seen the most property sales in the past five years? While Santorini and Mykonos are commonly thought to lead due to their popularity, the actual data reveals a different story. According
Greece’s wildfires trigger widespread evacuations and warnings
Tourists traveling to Greece have been warned of extreme weather and wildfires as thousands of people were evacuated from areas near Athens. On Sunday, residents were forced to flee their homes as a fast-moving wildfire,
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
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
Deported neo-Nazi protester arrives in South Africa after visa cancellation
A South African national who took part in a widely condemned neo-Nazi demonstration in Sydney has arrived back in Johannesburg after being deported by Australian authorities. Matthew Gruter, 35, was removed from the country following
