
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

Fighting fires from space in record time: how AI could prevent a repeat of Australia’s devastating wildfires
Australian scientists are getting closer to detecting bushfires in record time, thanks to cube satellites with onboard AI now able to detect fires from space 500 times faster than traditional on-ground processing of imagery. Remote

Treasurer calms recession fears but admits Aussies face ‘Uncertain times’
Treasurer Jim Chalmers has reassured Australians that the country is not heading for a recession, even as the economy shows its weakest growth in nearly three years. In an interview with Today, Chalmers addressed data

Fourth Victorian poultry farm detects bird flu
Victoria’s bird flu outbreak has now spread to a fourth poultry farm, a development anticipated by authorities amid ongoing investigations. Agriculture Victoria confirmed today that a farm near Meredith, west of Melbourne, tested positive for

Australia’s most trusted brands – 2024
Reader’s Digest has announced the results of the 25th Annual Most Trusted Brands survey. And the results speak volumes about the formula trusted brands use in a volatile market – retaining trust during difficult financial

Anger over medicinal shortages
Complaints are mounting from Australian citizens against the government for relying on international supply of medicines instead of local production as the nation faces a “severe” shortage of pharmaceuticals. It was revealed earlier this week

How to spend $150m Powerball winnings
Australia’s Powerball has jackpotted to $150 million. A personal finance expert shares the smart thing to do if you win. Australia’s Powerball jackpot has soared to a staggering $150 million but even that much cash

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

Greece ejects Turkey’s objections to updated Maritime Spatial Planning Map
Greece has firmly dismissed Ankara’s latest objections to the updated Greek Maritime Spatial Planning (MSP) map uploaded to the European Commission’s platform, stressing that Turkey’s claims lack any basis in European or international law. In

The Norwegian energy success story and what Greece can learn
As part of my ongoing analysis on NewsBreaks artilce regarding energy policy and national resource management, Michalis Christodoulides examine here how Norway transformed its hydrocarbon reserves into a long-term national advantage — and what lessons

“Medusa 14”: A Greek–Egyptian message of strength and deterrence in the southeastern Mediterranean
The large-scale air–naval exercise “Medusa 14” is in full progress in the wider area of Alexandria, Egypt, from 16 to 26 November. The exercise, which began a decade ago as a bilateral joint-operation initiative between

Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the

“His hand worked like a compressor, it was brutal” – Eyewitnesses describe 29-year-old’s fatal beating of 58-year-old in Neos Kosmos
Eyewitnesses have described extreme violence in the assault that led to the death of a 58-year-old man in Neos Kosmos. The 29-year-old attacker reportedly targeted the man because he had blocked him on the road.

Dendias’ stark message on war casualties alarms Europe
A storm has erupted in recent days over Defence Minister Nikos Dendias’ deeply unsettling comments about a supposed shift in Europe’s “culture of sacrifice”. Dendias’ stark message on war casualties alarms Europe and Greece. 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

Chevron rejects Turkey-Libyan deal and eyes Crete’s oil fields
Chevron, whose contracts with Venezuela were terminated by former U.S. President Donald Trump, is now set to explore the oil deposits south of Crete—an unexpected development for Greece. Chevron rejects Turkey-Libyan deal and eyes Crete’s

Bulgarian MEP accuses EU leaders of pushing Europe towards War with Russia
Bulgarian MEP Petar Volgin has launched a scathing attack on EU leaders, accusing them of driving Europe towards a devastating global conflict for the sake of their interests. In a powerful video, Bulgarian MEP accuses

Herodotus and Giza discoveries set to rewrite history
The Great Pyramid of Giza has fascinated humanity for millennia, and recent discoveries are challenging long-held assumptions about its true purpose. Herodotus and Giza discoveries set to rewrite history, the Greek historian Herodotus, writing in

Genocide in Syria, 14,000 dead in Alawite and Christians
Dead bodies everywhere. Genocide in Syria, 14,000 dead in Alawite and Christians. Russian war correspondents report shocking levels of brutality, with mass graves discovered across Syria. A Greek Orthodox Syrian soldier, who fought for four

Cyprus blocks Turkey’s role in Ukraine summit
While Greek Prime Minister Kyriakos Mitsotakis and the entire Greek diplomatic corps are striving to maintain the illusion of “calm waters” with Turkey, a notion that exists only in their imagination. Cyprus blocks Turkey’s role

Russia’s peace terms, will the west accept?
Russia has reportedly presented the US with a list of demands, ending the war in Ukraine and resetting relations with Washington, according to sources familiar with the discussions. Russia’s peace terms, will the West accept?

