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
RBA rate decision: What it means for households, the housing market and the Aussie dollar
The RBA has raised the official cash rate by 25 basis points to 3.85 per cent, up from 3.60 per cent. The Reserve Bank of Australia has raised the official cash rate, delivering its first
Boy swims for hours to save family after being swept out to sea
Boy swims for hours to save family after being swept out to sea has been hailed as a hero after completing an extraordinary open-water swim to raise the alarm when his family was blown far
Nationals heavyweight rules out leadership tilt as Littleproud faces challenge
A senior figure within the Nationals has ruled out mounting a leadership challenge against David Littleproud, as internal pressure continues to build on the party leader ahead of parliament’s return. Nationals senator Matt Canavan has
Second note found after Perth family discovered dead in suspected double murder-suicide
Police investigating the suspected double murder-suicide of a family in Perth have confirmed a second note was found inside the home, shedding further light on the circumstances surrounding the deaths. The bodies of two teenage
Anthony Albanese slams opposition as a party in chaos
Prime Minister Anthony Albanese has launched a scathing attack on the Liberal Party, branding the opposition a “shambles” consumed by internal warfare, as speculation continues over a leadership challenge to Sussan Ley. Speaking in Adelaide
Australians lose more than $7 million in Facebook investment scam using fake Tom Piotrowski
More than 70 Australians have lost over $7 million after falling victim to a sophisticated Facebook investment scam that used the image and identity of well-known NAB and CommSec market analyst Tom Piotrowski. An investigation
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
Athens mayor Haris Doukas challenges PASOK leadership, calls for unity and dialogue with Tsipras’ party
A wave of political tension has rippled through the ranks of PASOK after Athens Mayor Haris Doukas voiced his discontent over the exclusion of several senior party figures from the party’s upcoming Congress committees, while
Opinion Poll: ND leads by 16.3 points – rising public discontent and political fluidity
A new Opinion Poll survey for October shows the New Democracy (ND) party maintaining a 16.3-point lead over PASOK, but with growing public dissatisfaction and a volatile political landscape. ND records 30.1% (-0.4%), PASOK 13.8%
EU Defence Agency apologizes for controversial Cyprus report amid political backlash
The European Defence Agency (EDA) has issued a formal apology following the publication of a report conducted jointly with the European Commission’s Joint Research Centre (JRC), which sparked widespread criticism for its references to the
The inner circle around Alexis Tsipras: key collaborators shaping his next moves
With Alexis Tsipras stepping down from Parliament and preparing for his forthcoming book on his government’s record, attention has turned to the core team of collaborators surrounding the former prime minister. Their influence will likely
Tomb of the Unknown Soldier belongs to all Greeks – must be kept out of daily political tug-of-war
Greece’s Minister of State, Akis Skertsos, has praised the Prime Minister’s recent decision to assign the Ministry of National Defense exclusive responsibility for protecting the Tomb of the Unknown Soldier, emphasizing the monument’s national and
Greece and Cyprus invited to Trump’s international summit on Gaza
Greece and Cyprus are among the nations invited by U.S. President Donald Trump to the new international conference on Gaza, set to take place on Monday in Sharm El-Sheikh, Egypt. The summit is expected to
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
Hong Kong’s major events at protests
Hong Kong’s anti-government protesters have sustained their momentum for more than three months, facing off against police through summer heat and clouds of tear gas. Officers have met demonstrators head on with a variety of
Pipeline Wars Revisited
Pipeline wars are often overlooked in the scheme of things, where pipelines represent competing national interests of a purely economic sort, beyond the usual political rhetoric surrounding ideology and demagoguery. Because a gas pipeline transports
Cyprus repays remainder of Russian loan, two years early
Cyprus’ finance minister said on Monday that the country has repaid ahead of schedule the remaining 1.58 billion euros ($1.73 billion) of a 2.5 billion euro ($2.74 billion) loan it received from Russia in 2011
What is going on in Libya?
Libya is now ruled by the Government of National Accord (GNA). The GNA is recognized by the UN and holds Tripoli but little else. The situation is immensely complex and forever in flux. For eight
US slaps new tariffs on China; One minute later China retaliates
The biggest reason for last week’s torrid stock market rally was rekindled “optimism” that the escalating trade war between the US and China may be on the verge of another ceasefire following phone conversations, fake
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
