The Latest Breaking News from OECD

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.

AAP · Nov 29, 2023

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 Independent UK · Nov 29, 2023

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 Conversation · Nov 29, 2023

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 Guardian - UK · Nov 29, 2023

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 · Nov 29, 2023

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

The Independent UK · Nov 29, 2023

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.

WEKU · Nov 28, 2023

How does Australia's health system stack up internationally? Not bad, if you're willing to wait for it

When things are going bad in the health system, we are reassured we’ve got one of the best health systems in the world. But we’re rarely told where we actually stand relative to others.

The Conversation · Nov 28, 2023

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 · Nov 27, 2023

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 · Nov 26, 2023