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
Sokratis Famellos calls for joint action of progressive parties on Gaza
In a move to coordinate and strengthen Greece’s diplomatic stance amid the crisis in Gaza, Sokratis Famellos, leader of SYRIZA–Progressive Alliance, reached out today to the heads of progressive opposition parties. His goal is to promote
Apostolos Vesyropoulos Dies – Tragic irony of missing defibrillator
The sudden death of Apostolos Vesyropoulos, Secretary of the Parliamentary Group of New Democracy and Member of Parliament for Imathia, at the age of 59, has shocked Greece’s political community. A tragic irony surrounds his passing, as Vesyropoulos had
Wildfires rage across western Greece and the islands, devastating homes and forests
In the past 24 hours, 48 new fires broke out, bringing the total to 109 incidents since the outbreak began. For a second consecutive day, firefighters battled relentless wildfires across Western Greece and several Aegean
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the
Turkish blocks research vessel from conducting surveys on behalf of Cyprus
Turkey is reported to have blocked the research vessel Fugro Gauss, sailing under the flag of Gibraltar, from conducting geophysical surveys on behalf of the Republic of Cyprus in a maritime area that Ankara considers
Albanian Foreign Ministry issues provocative map encompassing Greek territory
“Good neighbourly relations are not just rhetorical niceties. They are practices based on the principles of reciprocity, mutual respect, and a shared understanding of international law. Albanian Foreign Ministry issues provocative map encompassing Greek territory.
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’s fear isn’t of Russia, it’s of itself
Europe’s fear isn’t of Russia, it’s of itself. The Guardian splashed its front page with the usual hysteria, hoping readers wouldn’t notice the one line that undercut the entire narrative: “We are not planning to
SIPRI reports record arms sales in 2024
Global arms sales hit record $679 billion amid ongoing conflicts The world’s top 100 arms manufacturers reached record revenues in 2024, totaling $679 billion (€586 billion), marking a 5.9% increase compared to the previous year,
US fighter jets patrol international airspace around Venezuela, WSJ reports
US fighter jets have been conducting near-continuous patrols in international airspace surrounding Venezuela amid sharply escalating tensions between Washington and Caracas, according to a Wall Street Journal report published on Saturday. The development comes shortly
Global Airbus warning grounds Jetstar A320 flights, causes widespread travel disruption
A major global aviation alert has triggered significant travel chaos, with Jetstar confirming that several of its Airbus A320 aircraft are currently unable to depart due to a critical software issue affecting thousands of jets
Israel breaks up Turkish-linked network smuggling arms and funds to West Bank
Israel breaks up Turkish-linked network smuggling arms and funds to West Bank, uncovering what officials describe as one of the most significant counter-terrorism operations of 2025. The Shin Bet (Israel Security Agency) and Israel Police
Cyprus calls on Turkey to negotiate maritime boundaries under UNCLOS
Cyprus Calls on Turkey to negotiate maritime boundaries under UNCLOS, with President Nikos Christodoulides extending an open invitation to Ankara to sit down with the Republic of Cyprus and engage in direct talks on defining
