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The Latest Breaking News from OECD

Australia was once a world leader in innovation. A new report shows the system is now ‘broken’

Australia’s research and innovation system is “broken” and needs “bold reform”, according to a major new independent report released on Tuesday.

The Conversation

Victoria’s school reports are set to change. What does this mean for teachers and families?

On Tuesday, the Victorian government announced it is revamping its student reporting for public schools.

The Conversation

Should older people be 2nd-class voters?

Why do young people everywhere seem disenchanted with govt? A 2021 OECD survey shows only 37% in 18-29 age group trust govt, as against 46% in 50+ cohort. In S Korea, the gap widens to 17 percentage points. In Ireland, it’s 38 points. Zoom out of this rich nations’ club,…

The Times of India

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Nationals push for tripling paid parental leave to 18 months and lowering Hecs debt for mothers

Exclusive: The party is trying to shape Coalition policies with attempt to widen appeal to women and young people

The Guardian - AU

The world’s largest climate finance deal was built to flounder: why funding fails to reach the front-line

Adopted in December 2015, the Paris Agreement commits countries to keeping global temperature rise below 2°C above pre-industrial levels.

The Conversation

If AI makes human labor obsolete, who decides who gets to eat?

Amid talk of artificial intelligence taking our jobs, the big unasked question is: how will we be fed?

The Guardian - US

Labour, take note: London isn’t working for young people

The UK now has a worse record on youth unemployment than the EU – for the first time

Evening Standard

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Cancer in the EU: Cases rising across the bloc as health spending surges

Cancer is the second-leading cause of death in EU countries, and as countries rush to invest more in combatting the disease, the rising number of cases poses a growing social burden.

Euronews

Most Europeans expect a more rapid increase in grocery prices in 2026

Surveys show that most Europeans still expect grocery prices to rise this year, despite ECB expectations that food costs increases will cool.

Euronews

From Age 55 to 70: Why Your Passport Is the Biggest Factor In Retirement Age

These countries have the highest and lowest retirement ages in the world — but that doesn’t give the full picture of which is best and worst for retirement.

Kiplinger

Conversion therapy: Quarter of EU citizens exposed as Council of Europe urges ban

The EU loses up to €89 million in GDP every year due to discrimination based on sexual orientation, according to an OECD report.

Euronews

Australia spends more on tax breaks for landlords than social housing, homelessness and rent assistance combined

Exclusive: Acoss report shows property investors received $12.3bn in tax concessions in 2025, while the share of social housing dropped to a record low

The Guardian - AU

Azerbaijan expands OECD cooperation to advance economic reforms

Azerbaijan is strengthening cooperation with the OECD to reinforce the country's role as a reliable European partner and expand its integration into global markets.

Euronews

International development aid: A burden or a soft power tool? Here's what Europeans think

Europeans are divided on whether development assistance is beneficial for the EU and on exactly how it should be spent.

Euronews

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Euronews

Taxing tech: How do digital services levies differ across Europe?

Several European countries have introduced digital services taxes in recent years, while others are planning to do so. Given that the US hosts many global digital giants, these taxes have become a flashpoint for tariff threats.

The Guardian - AU

OECD calls on Australia to raise GST and increase affordable housing amid budget deficit

Survey by organisation, which is led by former Liberal senator Mathias Cormann, says economy is ‘now normalising’, after post-pandemic struggle

AAP

Global body urges treasurer to spend less, reform taxes

Global economic body the OECD has called on Australia to rein in the NDIS and make changes to property taxes to help fix the budget and boost productivity.

AAP

Healthy jobs market spells rate pain for borrowers

Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.

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Fortune

Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

"What people don't realize," Penn Wharton Budget Model director Kent Smetters told Fortune, is there's "just not as much money there as people think."

Bored Panda

Countries Where People Sleep The Most, According To OECD Time Use Data

Discover where people sleep the most around the world, as 33 countries are ranked by average sleep time, revealing surprising differences in daily rest habits.

The Conversation

What the US strike on Venezuela could mean for global oil prices

The capture of former Venezuelan president Nicolás Maduro by the US intelligence services and armed forces has resulted in a frenzy of speculation about its consequences. But there is no doubt that the events were closely linked to the oil riches of the country. While the political situation in Venezuela…

Euronews

Do Europeans believe their pensions will still exist when they retire?

A new survey finds that state pensions are considered too low, but there is no consensus among Europeans for overhauling them.

The Guardian - AU

US will be exempt from global tax deal targeting profits of large multinationals

Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%

Fortune

Under Biden, America got 150 countries to agree a 15% global corporate tax. Under Trump, America gets an exemption

Scott Bessent called it “a historic victory in preserving U.S. sovereignty and protecting American workers and businesses from extraterritorial overreach."

The Independent UK

US-based multinational companies will be exempt from global tax deal

The Organization for Economic Cooperation and Development has finalized a deal exempting U.S. multinational corporations from paying more corporate taxes overseas

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