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The Latest Breaking News from OECD

Why are UK teens the least happy in Europe?

A recent report showed UK’s teenagers have grown dissatisfied with life. It calls for economic and educational reforms.

Al Jazeera

Australia gives workers right to ignore bosses’ after-hours calls, emails

The country is the latest to pass legislation granting a ‘right to disconnect’ outside of work hours.

Al Jazeera

The WTO isn't solving the problems of global trade. Maybe the answer is for it to try to do less

The WTO should pivot from trying to enforce the rules of global trade to giving countries a space to figure out solutions on their own.

Fortune

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The door to an Australian tech tax is clearly ajar. Can Labor make it happen?

There’s a long track record of government subsidising traditional media – but patch-up jobs and sweetheart deals have reached the end of their useful lifespan

The Guardian - AU

Extremist or mainstream: how do Tim Walz’s policies match up globally?

As Minnesota governor he took action on school meals, climate, family leave, guns and more – how does that compare with other developed countries?

The Guardian - US

The Guardian view on Labour and the trade unions: thrust together by more than history

Editorial: Sir Keir Starmer is right to recognise that Britain needs to move away from an economic model that seeks growth by making workers poorer

The Guardian - UK

More secure jobs and higher unemployment benefits would help lift Australia’s birth rate

Across developed countries, including Australia, fewer babies are being born.

The Conversation

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Alarm bells over Australian universities’ financial dependence on international students

Critics across the sector say institutions have become trapped in an unstable business model as they try to make up for loss of government funding

The Guardian - AU

Retirement as we know it is ending – it’s time to rethink the idea of working age

When do you think you’ll retire? Aged 65? Younger, if you’re lucky? Maybe older if you’re unlucky – or if you’re young right now?

The Conversation

A second Trump presidency would send Australia down a dark economic path. Here’s how it might play out

Under Trump’s tariff plans, our GDP would take a hit amid a nightmare trade war – and while we’re at it, forget emissions reductions or global agreements

The Guardian - AU

AI could become the ‘new steel’ as overcapacity risk goes unnoticed

When various governments intervene to increase capacity, as they have done with steel and may now be doing with AI, we struggle with spillover effects.

Fortune

Small modular reactors have promise. But we found they’re unlikely to help Australia hit net zero by 2050

Australia’s clean energy transition is already underway, driven by solar, wind, batteries and new transmission lines.

The Conversation

Small modular reactors are a 'chimera' for now

An academy has casts its eye over the commercial viability of small modular reactors in development and finds any full-scale application is decades away.

AAP

Coalition’s nuclear plan delaying decisions on renewables, investors say

Talk of building reactors in Australia is breeding uncertainty and delaying decisions to back major solar and wind projects

The Guardian - AU

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The Guardian - AU

Australian workers’ living standards have been destroyed – and there is little good news ahead

While interest rates may have peaked, the labour market is fragile and the economy is set to slow even further

The Canberra Times

Australia bucks OECD trend with increasing trust in public sector

Survey shows what people think of public servants and governments.

The Conversation

Why real wages in Australia have fallen while they’ve risen in most other OECD countries

Australia is now in the same league as Lithuania, Estonia and Hungary when it comes to cutting real pay, according to a new OECD report.

The Conversation

Australian families spend far more on private schooling than many other countries. Here’s why that’s a problem

If you feel like you’re paying a lot for your child’s private school education, that’s because you probably are.

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The Conversation

NHS: six key challenges facing the Labour government

In 1997, Tony Blair’s election “pledge card” included a promise to cut NHS waiting lists, then totalling 1.16 million. Keir Starmer’s “first steps for change” include a similar pledge to cut waiting times, but his task is on a different scale, with 7.5 million people currently awaiting treatment. How did…

Evening Standard

Two data centres in London commuter belt to be looked at by Angela Rayner in move to boost jobs

Levelling-up Secretary Ms Rayner is asking local mayors to flag planning bids with investment opportunities

Top News

US Senate Divided On Landmark Tax Deal Ratification

US Senate's failure to ratify global tax deal may lead to tax war among nations, impacting tech giants. OECD's efforts to close tax loopholes face challenges.

AAP

Longer life expectancy brings growing disease burden

Australians' life expectancy now ranks fourth in the world but three in five people have a long-term health condition as a result of their enhanced longevity.

Evening Standard

Junior doctors could strike under Labour, union warns as five-day walkout begins

Junior doctors warn strikes could continue despite Labour shadow health secretary Wes Streeting’s promise of talks on July 5 if party wins general election

The Guardian - UK

UK needs system for recording AI misuse and malfunctions, thinktank says

Centre for Long-Term Resilience calls on next government to log incidents to mitigate risks

The Conversation

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity measured as GDP per hour worked in the UK only rose 4% between 2015 and 2022. The average…

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