Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
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
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
Greek F-16 Viper fly over Cyprus for 65th independence anniversary
Greece marked the 65th anniversary of the independence of the Republic of Cyprus with a dramatic display, sending two F-16 Viper fighter jets of the Hellenic Air Force to fly over Nicosia during the military
Internal strife in SYRIZA over defense spending and the 4th Behlarra Frigate
Tensions have emerged within SYRIZA and between SYRIZA and New Left as the government’s defense program, particularly the fourth FDI Behlarra frigate, is discussed in Parliament today. Although SYRIZA’s parliamentary leadership decided to vote in
Government closes fronts – price cuts and stable electricity rates
The government is attempting to close open political fronts in order to promote a positive agenda that could provide both political and polling relief. In this context, Giorgos Mylonakis, in a letter to the head
Copenhagen: Greece emphasizes protection of Europe’s southern borders amid Russian threats
The informal EU Summit in Copenhagen, hosted by Danish Prime Minister Mette Frederiksen and chaired by European Council President António Costa, focused on strengthening European defense and supporting Ukraine in the face of ongoing Russian
Major reforms announced in Cabinet meeting: Tax cuts, defence overhaul, and legal migration policy
Key reforms were presented at yesterday’s Cabinet meeting chaired by Prime Minister Kyriakos Mitsotakis, focusing on three main areas: taxation, defence, and migration. Finance Minister Kyriakos Pierrakakis introduced a comprehensive tax reform bill titled “Tax
How Athens views Erdoğan’s visit to the White House – Turkey’s F-35 prospects
The recent meeting between Turkish President Recep Tayyip Erdoğan and U.S. President Donald Trump at the White House, marking the first top-level contact in six years, signifies a new phase in U.S.-Turkey relations. Despite the
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
Earthquake in Taiwan: Fear for those trapped inside tunnel
Rescue teams in Taiwan are racing to free trapped people after the more than seven-magnitude earthquake, the largest in 25 years, shook the country yesterday. Among them were more than 130 people trapped inside buses
Major 7.4 magnitude earthquake in Taiwan: Tsunami warnings
An earthquake measuring 7.4 on the Richter scale struck Taiwan just before 8am (Taipei time). The epicentre of the quake was quite close to the island, prompting emergency tsunami warnings in Taiwan itself and on
Turkey Local Elections: Opposition asserts victories in major cities, dealing blow to Erdogan
Ekrem Imamoglu, Mayor of Istanbul, celebrates triumph, dealing a blow to the longstanding power of the Turkish president after two decades. In Turkey’s local elections, the primary opposition party has declared triumph in Istanbul and
Serbian President Vucic: Dora Bakoyannis should be ashamed
Serbian President Vucic strongly criticized Dora Bakoyannis, saying Dora Bakoyannis should be ashamed, alleging that she altered her position as the European Parliament’s speaker regarding Kosovo’s accession to the Council of Europe.”I am well aware
US, Britain, Ukraine behind Crocus City Hall attack — FSB chief
The United States, Britain, and Ukraine are behind the terrorist attack at Crocus City Hall, the chief of Russia’s Federal Security Service (FSB) Alexander Bortnikov has told the media. “We believe that this is true.
Netanyahu: The cancellation of the Israeli delegation’s visit to the United States sends a message to Hamas
Israeli Prime Minister Benjamin Netanyahu justified the cancellation of the scheduled visit of a high-level Israeli delegation to the United States, noting that he wanted to send a message to Hamas. Netanyahu’s office stated that
