The Latest Breaking News from OECD

Most countries’ forecasts cut as Ukraine war prompts ‘largest energy crisis since the 1970s’

Germany’s economy is the only other G7 nation set to shrink next year

As birth and fertility rates fall, there is official concern about the economic impact of a declining and ageing population

After the recent turmoil in forex markets blows over, central banks around the world will be likely to reduce their holdings of the yen, pound and even the euro, allocating more assets to the more stable yuan

Labor party’s environment wing says it’s ‘disappointing’ Albanese government has not joined partnership which would build consensus across OECD

Tax Justice Network says countries lose $89bn a year by allowing anonymity over use of tax havens

The former local politician reviews the review of local government, and is not confident its broad wellbeing goals will ever see the light of day.

You may have seen the news: in its attempts to tackle inflation, the Reserve Bank is going to increase unemployment. The idea can even seem to come right from the mouths of experts, including the bank’s governor, Adrian Orr. Speaking recently to an industry conference, he said:

A new government hopes to transform Australia’s reputation into a climate leader at COP27. But there’s a lot of damage to unpick, says Robyn Eckersley in part two of a series on COP27