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The Latest Breaking News from OECD

Canada’s productivity strategy needs to centre workers

As Canada moves into 2025, its productivity still lags, despite efforts by the federal government to address the issue in the 2024 federal budget.

The Conversation

Aussie retirees tipped to join world's wealthiest

Australian pensioners are tipped to be among the richest in the world by 2030 as Australian superannuation funds representatives head to a US summit.

AAP

50 Ingenious Recycle, Reuse, And Repurpose Projects To Spark Your Creativity

Upcycling old things can be very good for the environment. Not only that, but these projects can push the limits of your imagination! The post 50 Ingenious Recycle, Reuse, And Repurpose Projects To Spark Your Creativity first appeared on Bored Panda.

Bored Panda

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NZ has long suffered from low productivity. A simple fix is keeping workers happy

The low-productivity bogeyman has long haunted New Zealand, with people working longer hours for lower output than other comparable countries. The country is now one of the least productive in the OECD.

The Conversation

Who funds global aid – and where do the billions of dollars go?

IN FOCUS: The US decision to freeze its spending in low-income countries has thrown vital services into crisis – and prompted urgent questions about the role of foreign aid and whether it can survive. Anne Gulland and Alicja Hagopian report

The Independent UK

How Spain’s radically different approach to migration helped its economy soar

As immigration has increased, GDP has surged and unemployment has fallen to lowest level since 2008

The Guardian - UK

Boys not only perform better in maths, they are also more confident about the subject than girls

There is a persistent gender gap in Australian schools. Boys, on average, outperform girls in maths.

The Conversation

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Fact check: Ukraine aid, immigration figures and growth projections

Round-up of fact checks from the last week compiled by Full Fact.

Evening Standard

A new report card shows inequality in Australia isn’t as bad as in the US – but we’re headed in the wrong direction

It’s hard to remember a time the United States seemed as tense and divided as it does today. That should serve as a stark reminder of just how important it is to monitor the health of our own nation.

The Conversation

Treasury launches leak inquiry over reports OBR has cut UK growth forecast

The watchdog is reported to have cut its growth forecast for the UK, causing problems for the Chancellor as she attempts to stick to her fiscal rules.

Evening Standard

Government ‘relentlessly focused’ on economy amid reports of lower growth – No10

The Office for Budget Responsibility is said to have cut its projections for economic growth.

The Independent UK

Ad giant WPP reported to global watchdog for promotion of polluting clients

Lawyers have filed a complaint to the Organisation for Economic Cooperation and Development on behalf of environmental campaigners.

The Independent UK

UK among top five most expensive countries for childcare - as nursery fees set to rise again

Childcare costs in the UK already make up 19 per cent of average income, but national insurance contributions will drive nursery fees even higher, finds industry group

The Independent UK

Tariffs ‘not conducive’ to economic growth – Irish premier

Mr Martin said it is important for the EU to maintain a ‘positive’ trading relationship with Mr Trump.

Evening Standard

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The Conversation

As Trump tries to slash US foreign aid, here are 3 common myths many Americans mistakenly believe about it

U.S. foreign aid is in disarray.

The Conversation

What is the 90-year-old tax rule Trump could use to double US taxes on foreigners?

US President Donald Trump isn’t happy about the way some countries are taxing American citizens and companies. He has made clear he’s willing to retaliate, threatening to double taxes for their own citizens and companies.

Fortune

CFOs should take Trump's tariff plans 'very seriously,' says KPMG exec

There are three major factors corporate tax departments must face in 2025.

The Conversation

1975 was declared International Women’s Year. 50 years on, the ‘revolution in our heads’ is still being fought

In December 1972, the same month the Whitlam government was first elected, the United Nations General Assembly proclaimed 1975 as International Women’s Year (IWY). This set in train a series of world-changing events, in which Australia was to play a significant part.

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AAP

Bid for better education standards to fix skills crisis

The business council is calling for new national targets to place Australia back in the top 10 in the OECD rankings across reading, maths and science.

The Guardian - AU

Open (your wallet) wide: Australians pay more for dental care than most OECD countries

Australia ranks well when it comes to total dental care expenditure. But a closer look at the numbers reveals that trips to the dentist are a luxury many people can’t afford

The Guardian - UK

With Davos dominated by Trump’s second coming, global collaboration is out

Adapting themselves to Trump’s zero-sum worldview, global leaders ditched any appeal to high-flown ideas

The Guardian - UK

UN development chief urges UK to rethink ‘brutal’ cuts to aid budget

Achim Steiner calls for ministers to discuss reversals to overseas aid squeeze imposed by Rishi Sunak

The Guardian - AU

Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers

Increasing the tax rate on superannuation balances above $3m would affect less than 1% of the population – and yet it is still unlikely to pass

Fortune

Trump orders crackdown on possible foreign tax grabs on U.S. companies

In a memorandum, President Donald Trump said a global tax deal earlier agreed upon has “no force or effect” in the United States.

The Conversation

Lobbying in ‘forever chemicals’ industry is rife across Europe – the inside story of our investigation

A team of academic researchers, lawyers and journalists from 16 European countries has exposed a huge lobbying campaign aimed at gutting a proposed EU-wide restriction on the use of “forever chemicals”. This campaign saw significant increases in the lobbying expenditure of major producers of perfluoroalkyl and polyfluoroalkyl substances (PFAS), known…

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