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The Latest Breaking News from OECD

Super tax concessions don't cost $45 billion a year and won't cost more than the pension

You may have read this week that Australia’s super tax breaks are excessively generous (“well beyond any plausible purpose”) and that their costs unsustainable.

The Conversation

Russia could become China’s ‘economic colony,’ CIA director says

Russia’s alliance with China is becoming an increasingly one-sided affair.

Fortune

UK using more of its aid budget to house refugees than most donors in OECD

Britain has been criticised for loading cost of accommodating refugees on to overseas aid budget

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Australia is not a high-tax country. So why can’t we have a conversation about the T word?

We need to get real about how we pay for the services we want if we are to fund a growing budget challenge

The Guardian - AU

South Korea has so few babies it is offering new parents $10,500

South Korean parents are being showered with cash, but experts say money alone will not fix country’s fertility woes.

Al Jazeera

Liz Truss claims West’s high-tax ‘cartel of complacency’ is helping China and Russia

Authoritarian regimes have ‘allies’ in ‘anti-growth movement’, former PM will tell right-wing think tank

The Independent UK

Liz Truss to criticise high taxes and warn of ‘threat’ of authoritarian regimes

Britain’s shortest-serving prime minister will renew her advocacy for low taxes in the latest leg of her comeback to the political limelight.

The Independent UK

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Australian classrooms are among the 'least favourable' for discipline in the OECD. Here's how to improve student behaviour

A major international report says the “disciplinary climate” in Australian schools is among the “least favourable” in the Organisation for Economic Co-operation and Development (OECD).

The Conversation

Aussie schools among the worst for discipline: OECD

Disengagement amongst Australian school students is increasing and a high number of teachers continue to leave the profession, an OECD education report says.

AAP

We really need to up our R&D game

Instead of supporting from the sideline, New Zealand should encourage homegrown, innovative solutions to drawing greenhouse gases out of the environment, writes Lokesh Padhye

Newsroom.co.nz

Poor discipline in Australian schools among factors driving teachers away, OECD warns

Student disengagement is on the rise and the ‘disciplinary climate’ is among the least favourable in the OECD, education policy outlook warns

The Guardian - AU

OECD predicts SE Asian growth to decline

Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).

Bangkok Post

Douglas Ross suggests Tories should vote Labour to oust SNP

Tory leader says voters should 'do what’s best for the country' to help loosen the nationalists’ grip on Scotland

Daily Record

Why Finland is the happiest country in the world – an expert explains

Finland has been the happiest country on earth for the past six years, according to the World Happiness Survey. This survey relies on the Cantril ladder life evaluation question:

The Conversation

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The Guardian - UK

HMRC failing to scrutinise potential tax avoidance by big tech, watchdog warns

Surprise first-year windfall suggests stopgap tax measure is being underestimated and may be badly designed

Newsroom.co.nz

Pension protests - why we're so different to France

Why the much-protested Gallic gold card system has no similarity to ours.

Bangkok Post

NACC regulations against corruption and bribery in line with UNCAC and OECD

Educational institutes should play an important role in instilling and teaching people about honesty, says Niwatchai Kasemmongkol, secretary general of the National Anti-Corruption Commission (NACC).

The Independent UK

Weak public investment an ‘institutional failure of the British state’ – report

A think tank has called for an end to political and fiscal incentives that harm public services and hinder economic growth.

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The New Daily

Inheritances, resource taxes and negative gearing: How top economists would raise $20 billion

Asked to choose measures by efficiency, 40 per cent chose increased or new taxes on land, while 39 per cent chose more resource taxes.

The Guardian - AU

Aukus spending sparks calls to boost Australia’s aid budget

Country gives just $1 in assistance for every $10 that goes to defence, humanitarian groups say

The Conversation

Inheritance taxes, resource taxes and an attack on negative gearing: how top economists would raise $20 billion per year

Asked to find an extra A$20 billion per year to fund government priorities like building nuclear submarines and responding to climate change, Australia’s top economists overwhelmingly back land tax, increased resource taxes, an attack on negative gearing and extending the scope of the goods and services tax.

ABC News

Albanese government's $15 billion manufacturing fund passes Senate – so what does it mean?

The $15 billion National Reconstruction Fund is aimed at broadening Australia's domestic industrial base and reducing the nation's dependence on imports. But how will it do this?

Newsroom.co.nz

Health system better than you might think

Health always has its discontents, and we cannot expect to be unaffected by the new health system restructure post-Covid. But the problems we face are eminently fixable, writes Peter Davis

Kiplinger

The Best Places to Retire in the World

When it comes to the best places to retire in the world, which country is at the top of the list? And where does the U.S. feature on the leaderboard? We investigate.

The New Daily

‘This can be done’: UN’s message on net-zero

The UN secretary-general says developed nations like Australia must bring forward their net-zero timelines by a decade

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Niwatchai Kasemmongkol

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