Negative gearing reforms back on agenda as budget pressures mount
Negative gearing has once again returned to the centre of Australia’s housing and tax debate, with the federal government actively considering changes ahead of the May budget. The discussion reflects growing pressure to address housing
Trump rushed off stage after shots fired at White House Correspondents’ Dinner
Scenes of panic unfolded Saturday night at the White House Correspondents’ Dinner in Washington, DC after gunshots were reported inside the Washington Hilton, where senior US officials and journalists had gathered. US President Donald Trump
Capital Gains Tax reform on the table
Australia is weighing significant changes to its capital gains tax (CGT) system ahead of the upcoming federal budget, with potential reforms that could reshape investment behaviour and the housing market. The federal government is reportedly
IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
Gallipoli rewritten: Turkey’s new battle for the ANZAC memory
A prominent Greek academic is set to explore how evolving political narratives in Turkey are reshaping the commemoration of one of the most significant campaigns of the First World War. Gallipoli rewritten: Turkey’s new battle
Fuel deal secured as Albanese heads to Singapore amid supply crisis
Emergency Agreement to Boost Fuel Imports Prime Minister Anthony Albanese has announced an extraordinary agreement to increase Australia’s fuel supply as global markets remain volatile following the Iran conflict. Speaking from the Ampol Lytton Refinery
Australia deploys Wedgetail surveillance aircraft to Gulf as Iran conflict escalates
Australia will deploy a Royal Australian Air Force surveillance aircraft to the Middle East after a request from the United Arab Emirates, as regional tensions escalate amid Iranian attacks involving drones and rockets. Prime Minister
Greece must stand ready against Turkey’s revisionist ambitions
Greece must remain vigilant and fully prepared to counter any revisionist ambitions emanating from Turkey, particularly those that challenge sovereignty and stability in the Aegean and Eastern Mediterranean. Greece must stand ready against Turkey’s revisionist ambitions. In the face of rhetoric that seeks to redraw borders or question established international
Gas Wars in the Mediterranean
The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey’s audacious move has enraged its rivals in the
Asylum seekers to get social security number in Greece in apparent policy U-turn
Five key Greek ministries on Monday decided that the country will re-introduce the practice of granting a social security number to all migrants who have applied for asylum in Greece, something that the current conservative
Greece 2020: Starving child faints after unemployed parents pay taxes
A starving student recently collapsed on the way home and fell to the ground in front of the eyes of stunning passersby. The incident took place in Pyrgos, Western Peloponnese. According to local media, both
Coronavirus: Greece to accelerate recruitment of medical staff in hospitals, labs, entrance gates
Greece has decided to accelerate the recruitment of health personnel as one of the alert measures of the country to deal with possible infections of coronavirus. This was decided at the meeting of the National
Turkey pushes East Mediterranean boundaries
The Erdogan regime’s maritime border agreement with Libya can only serve to ramp up regional tensions Turkey has gone a step further in its East Mediterranean power play, signing a memorandum of understanding (MoU) with
Greece launches 15-year State bond, signalling return to financial normality
Greece’s Public Debt Management Authority announced the launch of a 15-year state bond in a statement released on Monday. The announcement came just 48 hours after the credit rating agency Fitch upgraded the country’s credit
Greece rejects Turkey’s “Straits” claim, defends Montreux Convention
At a UN Security Council meeting on maritime security, organised by Bahrain, Greece responded to remarks by Turkey’s permanent representative, Ahmet Yıldız, who referred to the “Turkish Straits.” “Turkey is making every effort to ensure the safe and free passage of vessels through these waterways. The transit regime through the
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
US Urges ‘Calm’ between India-Pakistan Conflict
International powers this week anxiously urged India and Pakistan to avoid further escalation of military confrontation. Given the two nations have gone to war on three occasions during the past seven decades and are both
Venezuela orders PDVSA to relocate to Moscow; Putin affirms support to Maduro
President Nicolas Maduro instructed the Lisbon branch of PDVSA to relocate to Moscow A top Venezuelan official has announced that President Nicolas Maduro has ordered national oil and gas company PDVSA to close its current
The CIA is using Turkey to pressure China
While Turkey has fostered economic links with China in order to solve its economic crisis, it has also publicly denounced the repression of the Uyghurs, basing its accusations on false information. Beijing sent a very
Turkish occupying troops advance positions in Cyprus
The Cypriot government announced on Friday that it is working in cooperation with the UN peacekeeping force to resolve tensions following an advance of the Turkish army inside Cyprus. Cyprus State radio (CyBC) said the
