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
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
Greece issues damning statement following Turkey’s disrespectful remarks on Pontian Genocide
The Greek Foreign Ministry issued a damning response on Sunday morning to the Turkish slander published on Saturday evening regarding a conference about the Pontian Genocide, where Greece’s PM was present giving a speech. The
Greek PM from Pontian Genocide Conference: “Greece has always overcome the storms of History”
The Pontian Genocide was a tragic chapter in the history of modern Greece, and the lessons it holds must prevent its repetition anywhere in the world, Prime Minister Kyriakos Mitsotakis said on Friday, during his
Magnificent icon believed to be Early El Greco discovered on Crete
A religious icon believed to be an early work of master painter El Greco, born Domenikos Theotokopoulos, one of the most-renowned artists in the entire history of Western art, was recently discovered on Crete. The icon
The wager of tax cuts
It is common knowledge that taxes reached unprecedented levels during the decade-long economic crisis. The Greek people made many sacrifices to foot the bill of this crisis. They were heavily over-taxed in order to achieve
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
New Zealand: 200,000 children and adults abused in public and religious care facilities
Around 200,000 children, young people and vulnerable adults in New Zealand have suffered abuse or violence in public and religious care settings over the past 70 years, according to official research published on Wednesday (24/7).
The world’s most powerful passports for 2024 so far
What’s red on the outside, purple on the inside, and grants you access to 195 destinations around the world visa-free? It’s the Singapore passport, and it’s just been named the world’s most powerful travel document
The head of the secret services resigned over Trump’s failed assassination attempt
On Tuesday, July 23, Kimberly Chitle announced her resignation as head of the Secret Service, admitting mistakes in operations on the day of Donald Trump’s assassination attempt by shooting during a speech. “We failed,” Chitle
Democrats rally around Kamala Harris – She secured enough support for the nomination
Kamala Harris has secured the support of a sufficient number of delegates at the Democratic Party convention – at least 1,967 – to be held in Chicago in August, and is now considered a lock
Microsoft outage leaves Russia and China largely untouched
An IT issue caused by a faulty update began wreaking havoc with Windows machines worldwide early Friday morning, knocking companies and banks offline and grounding planes at various airports. An update from cybersecurity provider CrowdStrike
Joe Biden pulls out of US presidential race, endorses Kamala Harris to take on Donald Trump
In a historic and unexpected turn of events, President Joe Biden has announced his withdrawal from the 2024 presidential race, endorsing Vice President Kamala Harris to be the Democratic nominee. The decision, which Biden described
