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: Underwater structure taller than the Empire State Building discovered
Scientists exploring the Great Barrier Reef off the coast of Australia have uncovered a massive new reef that rises 500 meters from the seafloor. This colossal underwater structure surpasses the height of some of the
RBA announces quarter-point reduction in cash rate to 4.1%
The Reserve Bank has announced a quarter-point reduction in the cash rate to 4.1%. The decision is a sign the RBA believes inflation is being tamed, and there is room to ease pressure on mortgaged
New rules for Aussie Community Grants slammed as ‘woke’ and ‘ridiculous’
The Albanese government has faced backlash for altering the Stronger Communities program, which thousands of local sports clubs and community groups rely on for funding. The revised guidelines now prioritise spending on initiatives like First
Suburban Rail Loop funding released amid continued controversy
The Albanese government has announced the release of $2.2 billion in funding for the controversial Suburban Rail Loop (SRL), a promised contribution from the last federal election. This funding, however, comes with strict conditions and
Victoria Police Chief Commissioner Shane Patton resigns amid leadership crisis
In a dramatic turn of events, Victoria Police Chief Commissioner Shane Patton has resigned just days after a scathing vote of no confidence in his leadership. The decision to step down came following increasing scrutiny
Buying a home is tough for young people so how do some manage?
For many young Australians, breaking into the housing market feels tougher than ever, with many fearing they may never own a home. Public debates continue over whether it is harder now than decades ago. Buying
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
Greek F-16 Viper fly over Cyprus for 65th independence anniversary
Greece marked the 65th anniversary of the independence of the Republic of Cyprus with a dramatic display, sending two F-16 Viper fighter jets of the Hellenic Air Force to fly over Nicosia during the military
Internal strife in SYRIZA over defense spending and the 4th Behlarra Frigate
Tensions have emerged within SYRIZA and between SYRIZA and New Left as the government’s defense program, particularly the fourth FDI Behlarra frigate, is discussed in Parliament today. Although SYRIZA’s parliamentary leadership decided to vote in
Government closes fronts – price cuts and stable electricity rates
The government is attempting to close open political fronts in order to promote a positive agenda that could provide both political and polling relief. In this context, Giorgos Mylonakis, in a letter to the head
Copenhagen: Greece emphasizes protection of Europe’s southern borders amid Russian threats
The informal EU Summit in Copenhagen, hosted by Danish Prime Minister Mette Frederiksen and chaired by European Council President António Costa, focused on strengthening European defense and supporting Ukraine in the face of ongoing Russian
Major reforms announced in Cabinet meeting: Tax cuts, defence overhaul, and legal migration policy
Key reforms were presented at yesterday’s Cabinet meeting chaired by Prime Minister Kyriakos Mitsotakis, focusing on three main areas: taxation, defence, and migration. Finance Minister Kyriakos Pierrakakis introduced a comprehensive tax reform bill titled “Tax
How Athens views Erdoğan’s visit to the White House – Turkey’s F-35 prospects
The recent meeting between Turkish President Recep Tayyip Erdoğan and U.S. President Donald Trump at the White House, marking the first top-level contact in six years, signifies a new phase in U.S.-Turkey relations. Despite 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
Mitsotakis from Brussels: Transatlantic ties tested, but signs of cautious stabilisation
Greek Prime Minister Kyriakos Mitsotakis acknowledged that relations between Europe and the United States have gone through a turbulent period, while stressing that recent developments point to a modest improvement, following the conclusion of the
Greenland: Cyprus-style bases, NATO’s Arctic footprint and Donald Trump’s geopolitical bargaining
As the European Union struggles to forge a unified response to Donald Trump, new details are emerging about Washington’s proposals regarding Greenland, revealing a complex geopolitical bargain centred on the Arctic, military security and control
Leaked: US accused of betraying Kurdish forces amid mounting criticism
Leaked: US accused of betraying Kurdish forces amid mounting criticism. Sources familiar with the discussions say a meeting held in Damascus on 19 January between Mazloum Abdi and Ahmed al-Sharaa (al-Julani), attended by US envoy
Israel and Greece have the capacity to confront Turkey
This week in Athens, the Defence Ministers of Israel and Greece consolidated a partnership that has moved beyond simple alignment and into strategic substance. Israel and Greece have the capacity to confront Turkey. The visit
Kurds accuse US of betrayal in Syria, as region descends into chaos
Letter to the United States Congress and the international community. Kurds accuse US of betrayal in Syria, as region descends into chaos. Dear Senators, a genocide is currently taking place in the Kurdish regions of
What the Greenland dispute means for NATO and Europe’s future
As winter tightens its grip on the Northern Hemisphere, the chill has also spread to relations among NATO allies. What the Greenland dispute means for NATO and Europe’s future. Rising tensions over Greenland have exposed
