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The Latest Breaking News from Mathias Cormann

The G20 is considering a global billionaire tax. Australia is missing in action

74% of Australians support a wealth tax on individuals with over $50 million.

Crikey

OECD Lifts 2024 Growth Forecasts, Driven By US

The OECD raised its global economic growth forecast for 2024 on Thursday, driven by strong performances in the United States and emerging countries while Europe lags behind.

International Business Times

UK spends more on health but comes up short compared with other countries – OECD

The UK has fewer MRI, CT and PET scanners compared with most of the other countries examined in the OECD’s Health at a Glance report.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Linda Reynolds feels defamed (again)

Liberal Senator Linda Reynolds has threatened her former staffer Brittany Higgins with a defamation case, and former PM Scott Morrison will fly home from his holiday in Italy just in time for the robodebt report’s release.

Crikey

War of words erupts after WA Premier’s hot mic blunder

A war of words has erupted between the WA Premier and a federal opposition frontbencher after an embarrassing hot mic episode.

The New Daily

World doesn't need US-China 'chest-beating': Forrest

The chief executive of Fortescue Metals Group has told a business summit that the "chest-beating" between the US and China doesn't serve the world.

AAP

Veteran reveals Lidia Thorpe’s first mistake before she quit

As Lidia Thorpe prepared for political life after the Greens and as a Senate cross-bencher, veterans have questioned whether she can cut it as an independent.

The New Daily

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Battling inflation 'priority' as global growth slows: OECD

Paris (AFP) - World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for "essential" further monetary policy tightening and "more targeted" government support.

AFP

Whispering flack

Political strategist Glenn Druery has offered to help Labor win seats in Victoria’s November 26 election for a fee of $55,000 each, and mining billionaire Andrew Forrest will invest $740 million to help rebuild Ukraine after the war.

Crikey

Ukraine takes first step towards joining OECD economic group

Ukraine took a first step in the process towards joining the Organisation for Economic Cooperation and Development on Wednesday after the OECD said it could be a prospective member.

Reuters

Banks raise interest rates in response to RBA – as it happened

This blog is now closed

The Guardian - AU

Orthodox thinking won't cut it: why Mathias Cormann's leadership of the OECD has economists worried

In June 2007, Jean-Philippe Cotis, the chief economist of the Organisation for Economic Cooperation and Development, declared that 2008 was going to be a great year.

The Conversation

Multinational tax reform gets under way

The Albanese government has opened consultations on international corporate tax reforms to close tax loopholes exploited by multinationals.

AAP

OECD: War in Ukraine to drag on global economy into 2023

The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year

The Independent UK

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Crikey

Review needed for Cartier watch inquiry

There are calls to reconvene a Senate committee investigating the Christine Holgate-Cartier watch controversy because of Scott Morrison’s secret appointments.

The Independent UK

Australia may launch inquiry into Scott Morrison holding secret cabinet roles

Former PM has said his actions were critical to ‘ensuring continuity and effective operation of government during crisis period’

The Guardian - AU

The Australian’s buried scoop on Morrison raises the question: who knew what, when?

Oz journalists criticised for sitting on dynamite revelations of grab for power for two years. Plus: journalism’s gender gap

The Guardian - AU

Ten glaring inconsistencies in Scott Morrison’s bamboozling press conference

While attempting to explain why he appointed himself to five ministries in secret, the former PM raised more questions than answers

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ABC News

Revelations of secret portfolios held by Scott Morrison have dominated headlines this week. What happened, when and who knew about it?

The former prime minister took on the health portfolio in secret in the early days of the COVID-19 pandemic, before appointing himself to four more ministries over the next year. Why did he do it and who knew?

ABC News

What were the other portfolios Scott Morrison took on, and why did he take them?

Scott Morrison secretly gave himself several powers, and admits he used them in at least one instance. What were the jobs the former prime minister appointed himself to?

Crikey

The falsehoods keep coming from Scott Morrison, lie addict

Why did the former PM keep secret his multiple ministries? After the first lie, he had to keep going. And perhaps he liked it.

The Conversation

View from The Hill: The Liberals would be better off with Morrison out of parliament

Liberal frontbencher Karen Andrews wouldn’t be alone among her colleagues in believing Scott Morrison should quit parliament.

The New Daily

Was this man (a) crazy; (b) a delusional megalomaniac or (c) just a very ‘loose unit’?

Scott Morrison’s ministry collecting ways highlights what a loose unit he was as prime minister, and reinforces why we need to review the pandemic response.

ABC News

Simon Birmingham unclear on whether he shared finance portfolio with Scott Morrison

Former government frontbencher Simon Birmingham says he remains less than "100 per cent" clear on the extent of the overlap in the role of finance minister, after revelations the former prime minister secretly appointed himself to several portfolios.

ABC News

Anthony Albanese responds to Scott Morrison's five additional ministerial roles — as it happened

Prime Minister Anthony Albanese says Scott Morrison's decision to secretly swear himself in to five ministerial portfolios was an "unprecedented trashing of our democracy". Look back on Tuesday's developments.

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