
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

Yiannis Tsarouchis
The years after the First World War had a tremendous political, social and cultural impact on Greece. The end of the war coupled with the Asia Minor Tragedy almost brought Greece to its knees financially

Greek shipping fleet’s transport capacity more than doubles since 2008; global first place retained
The transport capacity of the Greek-controlled fleet multiplied over the 2007-2018 period, according to the Union of Greek Shipowners, which noted that the fleet increased from 170 million dwt to more than 389.68 million dwt

Tax breaks
During the years of the crisis Greek citizens shouldered a huge tax burden. Those who did not have the means to hide their incomes – salaried employees and pensioners – bore the bulk of the

Greece resumes migrants deportations to Turkey
Greece says it is restarting deportations of migrants to Turkey in an effort to deal with the increasing number of illegal crossings in recent weeks, the Associated Press reported on Friday. The number of migrants

France to briefly return Parthenon metope to Greece on occasion of 2021 events
France will reportedly loan a frieze from the Parthenon, displayed today at the Louvre, to Greece on the occasion of events and comme-morations in 2021, the 200th anniversary of the beginning of the Greek War

Samos: Tourists and locals evacuated as forest fire is ranging
A big forest fire is raging on the island of Samos and authorities have ordered the evacuation of two hotels as well residents of the area of Mesokampos near Pythagorio. The fire broke out in

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

