The Latest Breaking News from OECD

Jeremy Hunt expresses concern about cost of living crisis after OECD forecast

Chancellor responds to news UK likely to avoid recession but will have one of highest inflation rates among G20

The Guardian - UK · Jun 7, 2023

Angus Taylor says Australia's core inflation is higher than all the countries in the G7. Is that correct?

Shadow Treasurer Angus Taylor says Australia has higher core inflation than all of the countries in the G7. Is that correct? RMIT ABC Fact Check investigates.

ABC News · Jun 5, 2023

Data exchange to fight tax evasion

Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.

Bangkok Post · Jun 5, 2023

Tackling plastic pollution: ‘We can't recycle our way out of this’

The second meeting on a possible international treaty on plastic pollution takes place this week at UNESCO headquarters in Paris. Recycling is often touted as a solution to reducing plastic waste, but recent studies show the process poses its own risks and is no match for soaring plastic production.

France 24 · May 30, 2023

Why taxing the world's biggest companies at 15% won't fix the gaping hole in global tax rules

Australia’s federal government has a plan to discourage companies from shifting profits to tax havens. The idea is to impose a “global minimum tax” on large Australian and foreign-owned companies with subsidiaries in low or no-tax countries.

The Conversation · May 28, 2023

Are US prescription drug prices 10 times those of other nations? Only sometimes

“We pay by far the highest prices in the world for prescription drugs, in some cases 10 times more than the people of any other country.”

Tribune News Service · May 23, 2023

Australia has a worse work-life balance than the US. What are we doing wrong?

Many Australians work very long hours, compared to other similar nations. This can lead to a poor work-life balance and a constant feeling of being time poor.

ABC News · May 21, 2023

NZ's budget used a 'gender lens' for the first time – the result was a win for women

All the pre-budget talk of “bread and butter”, “no frills”, targeting and reprioritisation came with a sense of foreboding. History and research tell us that budgets in general – but particularly those hyper-focused on fiscal prudence – have different, often unequal impacts on women compared to men.

The Conversation · May 19, 2023

The best childcare in the world? Maybe so, but new parents in Iceland are holding out for better

Even in forward-thinking Reykjavik, finding a preschool place for the youngest infants is tough. Parents explain why

The Guardian - UK · May 18, 2023

Australia’s road death toll jumps with fatalities still higher than pre-pandemic

National automotive body says poor data collection is limiting authorities’ ability to formulate an evidence-based response

The Guardian - AU · May 14, 2023