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The Latest Breaking News from OECD

'Unprecedented growth in house prices': OECD calls for cap on housing tax breaks benefiting the rich

Capping tax breaks for housing could help reduce house prices and ensure that property is not concentrated in the hands of older and wealthier Australians, the OECD says.

ABC News

Despite what political leaders say, New Zealand's health workforce is in crisis – but it's the same everywhere else

Earlier this week, New Zealand health minister Andrew Little stated what most who work in health already know.

The Conversation

How does Australia’s Covid death rate and hospitalisations compare with other countries?

There are currently more than 207 people in hospital for every million Australians – similar numbers to Belgium, France, Spain and the UK

The Guardian - AU

From analysis to the latest developments in health,
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Benzinga Before The Bell: Donald Trump's Presidential Bid, Facebook Testing Multiple Profiles, UnitedHealth Q2 Earnings Growth And Other Top Financial Stories Friday, July 15

CNBC Augmented Supply Best Way To Balance Rising Oil Prices, Says OECD Chief

Benzinga

Do Australians pay too much income tax? 6 charts on how we rank against the rest of the world

Australians pay too much income tax – or so some argue.

The Conversation

Why be a poor version of Germany instead of doing what we do best?

Manufacturing is not our forte. But we are world beaters in services. Success will prove elusive until we recognise that

The Guardian - UK

UK political resignations: the current uncertainty could affect the economy for nearly two years

The recent dramatic events that led to the resignation of UK prime minister, Boris Johnson, on July 7 2022 raise the issue of how politics – and economic policy uncertainty more specifically – affects the UK economy. The answer, of course, is that it does, and sometimes for as much…

The Conversation

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Is UK inflation worse than in the EU? Cost of living pressures squeeze household finances

Energy, fuel and food costs are among the biggest contributors to inflation at present. We take a look at how the UK's economic situation compares with our neighbours in the European Union.

Wales Online

Govt could yet force tech giants to pay NZ media

An Australian-style legislative response against global digital platforms to make them pay for media content remains possible as a new minister says too many news firms are hurting

Newsroom.co.nz

Australia lagging further behind OECD on research, Universities Australia chair warns

Universities Australia chair John Dewar will address the National Press Club on Wednesday.

The Canberra Times

Corporation tax: why plans to set a global rate are too complicated and need a new approach

Back in 2021, the world’s richest countries announced plans to agree and enforce a minimum rate of corporation tax. The idea was to solve the problem of large companies generating huge revenues but paying very little tax into the public purse.

The Conversation

France can 'trust me' after subs rift: PM

French President Emmanuel Macron has declared Anthony Albanese "is not responsible" for the submarine debacle.

AAP

The Loop: The PM arrives in Paris, house prices fall nationally, and the new financial year brings new policies

Here's your TL;DR for this morning's news.

ABC News

Dining out on the hypothetical bisons of Madagascar

Some brutally real answers to some hypothetical climate scenarios.

Newsroom.co.nz

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news in one place.

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The Hindu

A direct approach to conservation

The mobilisation of private and public finance for Payments for Ecosystem Services lacks lustre

Reuters

Millions risk undernourishment as wheat prices surge, FAO and OECD warn

The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people at risk of undernourishment, the United Nations' food agency and the OECD said on Wednesday.

The Guardian - AU

Nations must work together through ‘conflict and crisis’ to reduce climate change risks, Albanese tells OECD

Prime minister will say food insecurity has become a significant challenge and Australia has a major role to play in meeting the challenge

AAP

World must act with 'urgency': PM

Australia's commitment to defending global security will be reaffirmed by Prime Minister Anthony Albanese in an address to the OECD in Paris.

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news in one place.

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Al Jazeera

Ukraine latest updates: Battle for Lysychansk city grinds on

Ukraine news from June 29: Lysychansk is last eastern stronghold following retreat of Ukraine forces from Severodonetsk.

The Guardian - UK

NHS crisis caused by Tory underfunding not Covid, say doctors

Sajid Javid’s claims that pandemic caused lack of funding, beds and staff are refuted in new dossier

The Independent UK

Europe wildfire risk heightened by early heat waves, drought

Extended drought conditions in several Mediterranean countries, a heat wave last week that reached northern Germany and high fuel costs for aircraft needed to fight wildfires have heightened concerns across Europe this summer

The Conversation

West African borders have got firmer with EU help: what it means for local interests

European and African states have been working together closely on migration since the early 2000s. The cooperation aims to “harden” West African borders – tighten them to deter mobility. The EU’s interests in this cooperation are clear. It wants to prevent migration to Europe by stopping it where it starts.

Evening Standard

Crypto’s Lehman Brothers moment

What happened this weekend to crypto markets?

The Conversation

How are PhD students meant to survive on two-thirds of the minimum wage?

Over the decades, supportive parents of Australian students on the cusp of graduating from their undergraduate studies have occasionally been struck by a bewildering decision by their pride and joy. Instead of pursuing an appetising salary in a prestigious company, their student has instead decided to do the unthinkable: they’re…

The Guardian - UK

Etsy paid just £128,000 in corporation tax in 2020 in the UK despite £160m in sales

US-based business would have been liable for almost £7m if it had booked all UK sales at Etsy UK, TaxWatch finds

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