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The Latest Breaking News from OECD

‘Disgraceful breach of trust’: how PwC, one of the world’s biggest accountancy firms, became mired in a tax scandal

PricewaterhouseCoopers used government secrets to help clients in Australia and the US avoid tax – a scandal that has forced resignations and threatens contracts worth hundreds of millions

The Guardian - AU

The triple challenge facing impact investments in the developing world

The term impact investing first appeared in 2007 at a Rockefeller Foundation meeting. It is defined as an investment with the intention of generating a positive social and environmental impact as well as a financial return.

The Conversation

Inflation rate to halve, bringing wage growth by 2024, federal budget predicts – with hope of mortgage relief

Australia’s economy remains resilient as global growth slows to its worst performance in more than two decades

The Guardian - AU

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‘Slippery slope’: how Australia’s inadequate welfare traps single parents in a cycle of debt

‘Cruel’ welfare system leaves single parents struggling after their child turns eight and parenting payment is cut off, advocates say

The Guardian - AU

A taxing exercise for NZ's wealthiest 0.01 percent

Kitted out with new research into the shares, property and trusts of nearly 400 of the country's richest families, the Government will today discuss how to level the taxation playing field. Jonathan Milne reports.

Newsroom.co.nz

Debate: Make Housing Affordable by Abolishing Growth Boundaries, Not Ending Density Restrictions

Why not abolish both?

Reason

Britain’s missing workers

Since the pandemic, Britain has faced a novel difficulty. Official unemployment is at its lowest point since the 1970s: at 1.3 million people, or 3.8% of working-age adults.

The Week

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Fight the fakes: four ways to protect your business from intellectual property infringement

Intellectual property wrongdoing can be costly to businesses. So what can companies do to avoid IP infringement in their supply chains?

The Guardian - UK

Lobbying regulations are vital to any well functioning democracy – it's time NZ got some

The recently announced review of New Zealand’s lobbying sector needs to tackle questions of transparency and access if it is to make any real difference to how industries influence decision making. This includes establishing an enforceable register of lobbyists and introducing a cooling off period for former politicians before they…

The Conversation

Get ready for the Luxon Hustle

National previews a hard sell approach worldwide to moving New Zealand products if it wins in October.

Newsroom.co.nz

Explainer-Macron pension reform ends cherished French exception

French President Emmanuel Macron may have pushed through his unpopular pension reform but only at great cost to his political capital, which he is now seeking to repair by offering talks with trade unions on other issues.

Reuters

Scientist pokes holes in water data

Mike Joy says two statistical methods used in a freshwater report are flawed

Newsroom.co.nz

UK is worst performer in G7 for workforce participation since Covid

Number of working-age adults in work or job hunting is still lower than before pandemic, OECD figures show

The Guardian - UK

Super tax concessions don't cost $45 billion a year and won't cost more than the pension

You may have read this week that Australia’s super tax breaks are excessively generous (“well beyond any plausible purpose”) and that their costs unsustainable.

The Conversation

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Fortune

Russia could become China’s ‘economic colony,’ CIA director says

Russia’s alliance with China is becoming an increasingly one-sided affair.

The Guardian - UK

UK using more of its aid budget to house refugees than most donors in OECD

Britain has been criticised for loading cost of accommodating refugees on to overseas aid budget

The Guardian - AU

Australia is not a high-tax country. So why can’t we have a conversation about the T word?

We need to get real about how we pay for the services we want if we are to fund a growing budget challenge

Al Jazeera

South Korea has so few babies it is offering new parents $10,500

South Korean parents are being showered with cash, but experts say money alone will not fix country’s fertility woes.

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The Independent UK

Liz Truss claims West’s high-tax ‘cartel of complacency’ is helping China and Russia

Authoritarian regimes have ‘allies’ in ‘anti-growth movement’, former PM will tell right-wing think tank

The Independent UK

Liz Truss to criticise high taxes and warn of ‘threat’ of authoritarian regimes

Britain’s shortest-serving prime minister will renew her advocacy for low taxes in the latest leg of her comeback to the political limelight.

The Conversation

Australian classrooms are among the 'least favourable' for discipline in the OECD. Here's how to improve student behaviour

A major international report says the “disciplinary climate” in Australian schools is among the “least favourable” in the Organisation for Economic Co-operation and Development (OECD).

AAP

Aussie schools among the worst for discipline: OECD

Disengagement amongst Australian school students is increasing and a high number of teachers continue to leave the profession, an OECD education report says.

Newsroom.co.nz

We really need to up our R&D game

Instead of supporting from the sideline, New Zealand should encourage homegrown, innovative solutions to drawing greenhouse gases out of the environment, writes Lokesh Padhye

The Guardian - AU

Poor discipline in Australian schools among factors driving teachers away, OECD warns

Student disengagement is on the rise and the ‘disciplinary climate’ is among the least favourable in the OECD, education policy outlook warns

Bangkok Post

OECD predicts SE Asian growth to decline

Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).

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