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The Latest Breaking News from OECD

UK spends more on health but comes up short compared with other countries – OECD

The UK has fewer MRI, CT and PET scanners compared with most of the other countries examined in the OECD’s Health at a Glance report.

The Independent UK

New Mexico’s Hydrogen Plans in Turmoil; Newsom Focuses on Oil Wells

California closes loopholes on polluting wells, but still lets companies avoid capping idled wells.

Capital & Main

UN decries Amazon, Walmart, DoorDash for ‘shameful’ wages and union-busting

Human rights expert says US companies trap workers in poverty, forcing them to rely on food stamps and Medicaid

The Guardian - US

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Canada needs to move beyond poorly enforced bribery laws and tackle corruption's root causes

Canada’s enforcement of laws against foreign bribery is weak, according to a recent report from the Organization for Economic Co-operation and Development (OECD).

The Conversation

South Africa declares public holiday to celebrate Rugby World Cup win

South Africa is still relishing its victory after Saturday's big win at the Rugby World Cup. President Ramaphosa has declared December 15 a public holiday and said that sports could unite a country. We speak to Will Mbiakop, head of the African Sports and Creative Institute about the economic returns…

France 24

Yes, childcare is costly, but nowhere near as costly as recent reports suggest – here's why

Childcare in Australia is generally regarded as expensive.

The Conversation

The number of Australian students learning Indonesian keeps dropping. How do we fix this worrying decline?

Australia’s Year 12 students are in the middle of making important decisions about their futures. For many, this will involve choosing a university course and the subjects within that.

The Conversation

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Worried economists call for a carbon price, a tax on coal exports, and 'green tariffs' to get Australia on the path to net zero

Australia’s top economists have overwhelmingly backed the reintroduction of the carbon price that helped cut Australia’s emissions between 2012 and 2014.

The Conversation

Crossbenchers urge Labor to have ‘courage’ on changes to resources tax and stage-three tax cuts

David Pocock, Monique Ryan and Dai Le support revamping taxes to raise more revenue to address cost-of-living crisis

The Guardian - AU

Government faces global and local calls for tax reform

Australia should consider revenue raising options that are less vulnerable to an ageing population than income tax, the OECD says.

AAP

Rising fees and staff shortages: why Australian childcare is in crisis – and how to fix it

The sector fails both parents and staff because it relies on a mix of providers and is poorly subsidised, say experts. Here are their solutions

The Guardian - AU

Hope or horror? The great AI debate dividing its pioneers

CEO of DeepMind is ‘not a pessimist’ but warns of threat from AI and says we must be active in shaping ‘a middle way’

The Guardian - UK

Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says

An ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and force multinational corporations to pay a minimum tax has been weakened by loopholes and will raise only a fraction of the revenue that was envisioned, a tax watchdog backed by the European Union…

The Independent UK

'Huge win' for Upper Hunter with permanent teaching jobs secured

216 permanent roles have been secured.

Newcastle Herald

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The Conversation

Four reasons why western companies have been 'trapped' in Russia since it invaded Ukraine

More than 600 days since Russia invaded Ukraine, over 1,400 international companies are still operating in Russia. Only a small percentage of western firms have been able to close down their operations in the country since it invaded Ukraine in February 2022.

Newsroom.co.nz

Fact checking the final leaders' debate

As Christopher Luxon and Chris Hipkins clashed in the final leaders' debate of the 2023 election campaign, Newsroom confirms both made provably false claims.

Newsroom.co.nz

Decoding major parties' economic credentials

There's no real data to suggest the economy is better off under a National or Labour government, writes Andrew Bevin

Newsroom.co.nz

Party pledges won't fix science funding sinkhole

Political parties are united about increasing our research and development capabilities to help our international competitiveness. So, asks Nicola Gaston, why are science election policies fragmented or non-existent?

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The Conversation

Australia's emissions must decline more steeply to reach climate commitment: OECD

Australia’s emissions need to decline “on a much steeper trajectory” if it is to meet its declared commitment of a 43% reduction by 2030 and net zero by 2050, the Organisation of Economic Co-operation and Development says.

The Guardian - AU

Minister backs ‘naming and shaming’ childcare providers who charge exorbitant fees

Education minister Jason Clare supports a recommendation by the ACCC in its latest report into childcare costs

AAP

Price gouging child care could be named and shamed

Childcare centres charging parents exorbitant fees could be named and shamed under reforms proposed by the consumer watchdog.

The Guardian - AU

‘This is not over’: Treasury flags further action against PwC Australia over additional breaches of confidence

Exclusive: Move comes after firm admits partner forwarded papers related to confidential consultation with treasury and ATO officials to colleagues

The Guardian - AU

Childcare fees may need to be capped to curb erosion of subsidies, ACCC says

Watchdog’s latest report says childcare in Australia is ‘relatively less affordable for households than in most other OECD countries’

The Guardian - UK

‘The dog’s very happy’: water-conscious Swedish islanders compete for ugliest lawn title

Competition aimed at encouraging Gotland residents to save water is being copied elsewhere

The Guardian - AU

PwC tax leak scandal not isolated to Australia, senators claim

Accounting firm says no evidence confidential information used by partners outside Australia for commercial gain

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