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The Latest Breaking News from OECD

Australian teenagers record steady results in international tests, but about half are not meeting proficiency standards

Australian high school students have achieved steady results in a new round of international tests.

The Conversation

Australian students’ Pisa scores still declining despite climb into OECD top 10

Educational research group says rise is more to do with other countries’ performances dropping

The Guardian - AU

UK pupils’ science and maths scores lowest since 2006 in international tests

Global slump means maths and reading rankings still up slightly in OECD assessment of 15-year-olds, but results vary for UK nations

The Guardian - UK

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Teachers to get training to deal with poor behaviour in Australian classrooms but experts say more must be done

Government reveals $3.5m plan to reduce disruption but Greens say focus should be on socioeconomic and psychosocial challenges facing students

The Guardian - AU

Why do private schools get more holidays than public schools?

It’s that time of year when it seems the more school fees parents pay, the less time their children spend in school.

The Conversation

A Senate inquiry is calling for a new 'behaviour curriculum' to try and tackle classroom disruptions

A Senate inquiry has found Australian students need specific lessons in how to behave.

The Conversation

Raising a child to 18 in the UK costs more than £200,000 – here's why

Before having our first baby last year, we wondered whether we had the money, time and necessary skills to raise a child. Perhaps you find yourself contemplating the same? Many people certainly have, as birth rates have been declining across the world for the past 200 years.

The Conversation

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'Pensions not safe under Westminster' as triple lock comes under threat

THE SNP have warned Scotland’s pensions will never be safe under Westminster control after an economic watchdog called for the triple lock to be…

The National (Scotland)

Eurozone inflation falls to within striking distance of 2% target

November’s figures fuel speculation about timing ECB interest rate cut as concerns grow about national finances

The Guardian - UK

Afternoon Update: Brittany Higgins defends herself under cross-examination; Henry Kissinger dies; and a new newsletter for chart lovers

The former Liberal staffer broke down in tears as she told a defamation trial she was more concerned about being raped than about her dress

The Guardian - AU

Parliamentary report slams mutual obligation, calling for total overhaul of employment services

A parliamentary inquiry has delivered a scathing indictment of Australia’s employment services, finding it does not serve the interests of job seekers or employers and urging the privatised system be partially wound back.

The Conversation

Central Banks Risk Tipping UK and Other Developed Countries Into Recession

The report highlights the risk of a vicious cycle, where low interest rates fail to stimulate meaningful economic growth and cause a recession.

International Business Times UK

Jim Chalmers welcomes OECD prediction RBA has reached interest rate peak

Federal treasurer downplays prospect of posting a second successive budget surplus

The Guardian - AU

Immigration debate continues – as it happened

This blog is now closed

The Guardian - AU

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AAP

Back in the red, no second surplus in budget update

The mid-year budget update will reveal a substantial improvement to the bottom line, but not a surplus, the federal treasurer says.

The Independent UK

Government should reform ‘costly’ triple lock to free up money, OECD says

The Organisation for Economic Co-operation and Development said it is an urgent task for the UK to address its tax and spending policies.

The Conversation

Inflation has affected the UK, US and Europe differently – here's what this means for interest rates

The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation.

The National (Scotland)

UK forecast for second-worst economic growth in the G7

The UK economy is set for the second-slowest growth of the world’s G7 advanced economies, according to new forecasts.

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The Independent UK

Watch again: Sunak faces Starmer at PMQs as UK suffers economic blow

Watch as Rishi Sunak faces Sir Keir Starmer at Prime Minister’s Questions on Wednesday 29 November.

International Business Times

OECD Trims Global Growth Forecast, Warns Of Conflict Risk

The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its growth forecast, but warned the Israel-Hamas conflict could throw a spanner in the works.

Evening Standard

Homeowners told not to expect interest rate cut until 2025 as mortgage squeeze goes on

Leading economists at the OECD also stressed the UK would have the second slowest GDP growth of the G7 group of wealthy nations

The Guardian - UK

Central banks ‘risk tipping UK and other developed countries into recession’

Stance on inflation poses threat to ‘soft landing’ forecast for global economy, says OECD

The Independent UK

The world economy will slow next year because of inflation, high rates and war, OECD says

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates

The Independent UK

Blow for Rishi Sunak as UK to have second-slowest growth in G7

The OECD slashes its economic growth forecast for UK, while increasing expected inflation rate

WEKU

Climate funding is in short supply. So some want to rework the financial system

Efforts to boost climate financing have moved beyond national pledges. Now the focus is on overhauling organizations like the World Bank and providing countries debt relief.

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