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The Latest Breaking News from OECD

UK spends more financing inequality in favour of rich than rest of Europe, report finds

Inequalities of income, wealth and power cost UK £106.2bn a year compared with average developed OECD country

The Guardian - UK

Australian education in long-term decline due to poor curriculum, report says

Students are learning about half the science content of school systems in similar countries, consulting group has found

The Guardian - AU

Economic Productivity Through the Lens of Global Tax Policy

In the realm of global economics, the interplay between taxation and productivity forms a complex tapestry, with each country weaving its unique pattern.

inkl

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Push to give UN more say on global tax rules likely to stumble at vote

US, EU and UK expected to reject motion by African countries frustrated at OECD efforts to reform international taxation

The Guardian - UK

South Korea: Where feminism has become taboo

In this special edition, Annette Young heads to South Korea, which, despite its impressive economic record, consistently scores poorly for gender equality among advanced nations. It has the worst gender pay gap among OECD nations, while its traditional workplace culture results in many women giving up their careers after childbirth.…

France 24

EU agrees to ban exports of waste plastic to poor countries

Rules, still subject to formal approval, stop exports to non-OECD countries and limit them elsewhere

The Guardian - UK

NZ wants more seasonal workers – but Pacific nations no longer want to be the ‘outposts’ that ‘grow’ them

The three party leaders currently negotiating to form New Zealand’s next government might have their differences, but they seem to agree on one thing: the Recognised Seasonal Employer (RSE) scheme needs to expand.

The Conversation

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Rich countries hit $100bn climate finance goal two years late, data shows

Annual funding promise made in 2009 to help poor countries deal with climate crisis had original 2020 target

The Guardian - UK

Why $10 a day childcare could be a game changer for families

A year of parental leave and cheaper childcare would have massive benefits, advocates say.

The Canberra Times

Truss-backed economists say minimum wage is ‘destroying jobs’ and call for cut

Plans to increase the minimum wage will be a ‘significant drag on the economy’, according to The Growth Commission.

The Independent UK

The End of Retirement

Want to keep your house? Support your kids? Stay alive? Never stop working

The Walrus

British women are ‘biggest binge drinkers in the developed world’ new report claims

More than a third (35 per cent) of adults across the UK report binge drinking at least once a month

The Independent UK

British women are the world's biggest female binge drinkers, study finds

New OECD data shows that a quarter of the country's women have at least six alcoholic drinks in a single session at least once a month

Evening Standard

British women are ‘biggest binge drinkers in the developed world’ new report claims

More than a third (35 per cent) of adults across the UK report binge drinking at least once a month

The Independent UK

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The Guardian - UK

UK women top list of world’s biggest female binge drinkers, report finds

OECD says 26% have at least six alcoholic drinks in a single session at least once a month

The Hindu

A verdict that hampers international law obligations

The judiciary's interpretation in Assessing Officer Circle (International Taxation) New Delhi vs M/s Nestle SA case allows the executive to undo its international law obligations

The Independent UK

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.

Capital & Main

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.

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The Guardian - US

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 Conversation

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).

France 24

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…

The Conversation

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

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 Guardian - AU

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

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