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
Prime Minister orders intelligence and policing review after Bondi terror attack
Prime Minister Anthony Albanese has ordered a comprehensive review of Australia’s federal intelligence and law enforcement agencies, one week after the deadly terrorist attack at Bondi Beach that claimed 15 lives. Following a meeting of
Australia’s productivity collapses to zero amid weak investment and population surge
Australia’s labour productivity has effectively stalled, with new analysis showing growth has collapsed to zero, placing the country near the bottom of advanced economies since the COVID-19 pandemic. According to an OECD assessment cited in
Breast cancer drug set to be added to pbs, saving patients thousands each month
Patients living with an aggressive form of breast cancer could soon save thousands of dollars every month, with the federal government preparing to cover the cost of a crucial life-extending medication through the Pharmaceutical Benefits
‘Endangering our security’: Frydenberg lashes Wong and Burke after Bondi terror attack
Former federal treasurer Josh Frydenberg has launched a blistering attack on the Albanese government’s response to hate speech and extremism, accusing senior ministers Penny Wong and Tony Burke of failing to protect Jewish Australians in
Australia announces National Gun Buyback Scheme amid ongoing response to Bondi beach terror attack
The Australian government has announced its most significant national gun buyback scheme in decades, in the wake of the deadly terror attack at Sydney’s Bondi Beach that claimed the lives of 15 people, including a
Jewish Centre for Law and Justice weighs landmark legal action over Bondi terror attack
A landmark class action is being considered in the wake of the ISIS-inspired terror attack at Bondi Beach, as the Jewish Centre for Law and Justice (JCLJ) signals its intention to pursue accountability across multiple
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
Historic decision made to rebuild Part of the Parthenon
The Greek Central Archaeological Council (KAS) decided on Wednesday that a part of the Parthenon, now in ruins on the Athens Acropolis, is to be rebuilt using mostly materials which are now lying on the
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
Turkey drills for gas in Cyprus’ waters, prompting EU outcry
The EU and US have urged Turkey to stop drilling for gas in Cyprus’ maritime zone – but Ankara has told its allies it would do so anyway. Brussels and Washington spoke out over the
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
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
Israeli commandos raid Gaza Aid Flotilla – Greta Thunberg detained amid communications blackout
A dramatic maritime confrontation unfolded late Wednesday when Israeli naval forces intercepted multiple vessels from the Global Sumud Flotilla, a pro-Palestinian convoy sailing towards Gaza to break the blockade and deliver humanitarian aid. According to
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
