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The Latest Breaking News from OECD

Coalition calls for cut to fuel tax as price woes mount

Cutting battery and EV subsidies would help pay for a coalition plan to halve the fuel excise amid a surge in oil prices caused by the Iran war.

AAP

Iran war will jolt U.S. inflation, new analysis finds

The OECD projects U.S. headline inflation will be 4.2% this year.

Axios

OECD cuts eurozone growth forecast as energy prices surge

The OECD said Thursday it was cutting its eurozone growth outlook and forecasting higher inflation for 2026 after the Middle East war caused energy prices to skyrocket.

Euronews

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UK gets biggest cut to growth outlook this year among world’s major economies

The OECD published the biggest downgrade to the UK’s growth outlook for 2026 than any other country in the G20 group of economies.

Evening Standard

Why the UK is heading for a high inflation and low growth ‘double whammy’

IN FULL

The Independent UK

UK faces biggest hit to growth from Iran war of all major economies, OECD warns as inflation set to surge

Government urged to encourage homes and businesses to be more efficient with their energy usage

The Independent UK

Trump's Iran war wreaks economic carnage on UK with £15 billion blow to GDP and deepening cost-of-living crisis, warns OECD

Inflation in Britain is forecast to jump to 4% this year, outstripping many wage increases

Evening Standard

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Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation

The Guardian - AU

Lebanese fear another occupation as Israel threatens to use Gaza tactics in the south

Israel is trading fire with Hezbollah, calling for mass evacuations and sending ground troops deeper into Lebanon

The Independent UK

Middle East conflict will damage UK’s economy ‘more than any other’

Organisation for Economic Cooperation and Development says UK economy will grow by just 0.7% this year

The Guardian - UK

UK faces weaker economic growth and higher inflation due to Iran war – OECD

The conflict has worsened the outlook for many of the world’s largest economies, the Organisation of Economic Co-operation and Development said.

Evening Standard

Why without value sharing, there is no social justice

Value-sharing schemes play an active role in both building and eroding social justice in the workplace. Our report takes a closer look at corporate profit-sharing mechanisms.

The Conversation

Growing obesity crisis tanking Aussie productivity

An all-of-the-above strategy is needed to head off Australia's worsening obesity problem, bipartisan research finds.

AAP

Multiple-birth parents tumble through cracks in support

Australian multiple-birth parents say a lack of financial and other support makes an already isolating experience even more challenging.

AAP

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Euronews

AI use at work in Europe: Which countries use generative AI tools most, and why?

A third of people in the EU used generative AI tools overall in 2025, and fewer than half of them used them for work purposes, bringing the share to 15%. AI use at work varies widely across Europe, with clear regional patterns.

The Conversation

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 Times of India

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,…

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The Guardian - AU

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 Conversation

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 Guardian - US

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?

Evening Standard

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

Euronews

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.

Kiplinger

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.

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