
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

Australia sets tougher PFAS guidelines amid health concerns — But experts warn of high costs
The Australian Government has introduced stricter national limits on cancer-linked “forever chemicals” in drinking water, in a move welcomed by health and environmental experts—but one that could impose significant financial burdens on communities, particularly in

Australia designates white supremacist network Terrorgram a terrorist organisation
In a decisive move to combat domestic extremism, Australia has formally designated the white supremacist online network Terrorgram as a terrorist organisation. The announcement, made by Home Affairs Minister Tony Burke on Thursday, grants law

Key quad meeting in Washington: Australia at the forefront of Indo-Pacific strategy
In a pivotal diplomatic gathering on July 1, the foreign ministers of the United States, India, Japan, and Australia will convene in Washington for the 2025 Quad Foreign Ministers’ Meeting, with US Secretary of State

No panic at the pump: Fuel prices hold steady despite Iran-Israel ceasefire
Despite recent tensions in the Middle East and fears of a global oil shock, fuel prices across Australia have remained surprisingly steady. The ceasefire between Iran and Israel — announced after a series of intense

Darwin embraces Greece at GleNTi 2025
The aroma of grilled meats and the sound of bouzouki music filled the Darwin Esplanade as an estimated 40,000 people gathered over the weekend for the much-anticipated return of the Darwin GleNTi Festival — Darwin

Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the

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

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

PASOK intensifies internal debate over potential alliances – Geroulanos rules out ND, Kastanidis open to Tsipras dialogue
Intense discussions are underway within PASOK ahead of the party’s upcoming congress, as leaders debate the strategic direction and potential alliances. Former minister Pavlos Geroulanos has firmly rejected any possibility of a coalition with the

Greek Prime Minister to visit Jerusalem for trilateral summit with Cyprus and Israel, talks also planned with Palestinian leadership
Greek Prime Minister Kyriakos Mitsotakis will travel to Jerusalem on Monday to take part in a high-level trilateral summit between Greece, Cyprus and Israel, as regional diplomacy intensifies amid shifting geopolitical dynamics in the Eastern

PULS missile system paves the way for Greece’s “Achilles Shield” as defence cooperation with Israel and UAE deepens
Greece is moving decisively to strengthen its military deterrence, following parliamentary approval for the acquisition of the Israeli-made PULS multiple rocket launcher system, a key component of the country’s planned multi-layered air and missile defence

Joint αir defence network between Israel, Greece and Cyprus
Israelis: “Deterrence of Turkey Is the Objective” The prospect of a joint air defence network between Israel, Greece and Cyprus — based on interoperable systems operating within a network-centric framework — represents a truly landmark

Smaragdis: “I received threats over the film Kapodistrias”
The official premiere of Giannis Smaragdis’ new film, Kapodistrias, was marked by intense emotion, as the acclaimed director spoke publicly — with rare candour — about the loss of his wife, Eleni Smaragdi, to whom

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

US enters shutdown for first time since 2018: what it means and who is affected
The United States officially entered a government shutdown at midnight on Tuesday (2 p.m. Wednesday Melbourne time), after Republicans and Democrats failed to reach an agreement on federal spending. The shutdown is expected to place

China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the

Tragedy in the Philippines: At least 26 dead after 6.9-magnitude earthquake – Buildings collapse, dramatic footage emerges
A devastating 6.9-magnitude earthquake struck Cebu Island in the Philippines, leaving at least 26 people dead and 147 injured, according to local media. The quake, which hit late Tuesday night, caused widespread destruction, triggering landslides,

Countdown for Hamas: Trump’s ultimatum and pressure from Qatar, Egypt, and Turkey to accept Gaza Peace Plan
Global attention has turned once again to Gaza, as U.S. President Donald Trump unveiled a comprehensive 20-page peace plan aimed at halting the bloodshed — accompanied by a stern ultimatum. According to Axios and iefimerida.gr,

Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime

US gives green light to AUKUS ahead of Albanese’s visit to Washington
Australia’s largest-ever defence agreement, AUKUS, appears to have successfully passed a US government review, paving the way for its continuation ahead of Prime Minister Anthony Albanese’s visit to Washington next month. The review began in

