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The Latest Breaking News from Mathias Cormann

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

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

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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

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

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The Guardian - AU

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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

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 Independent UK

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

The Guardian - AU

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

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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?

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.

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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.

The Independent UK

Scott Morrison: Former Australian PM held secret cabinet roles and ruled ‘in the shadows’

Morrison’s successor Anthony Albanese has sought legal advice over the ‘weird’ revelations

The Conversation

View from The Hill: Morrison's passion for control trashed conventions and accountability

The only credible explanation for Scott Morrison personally installing himself, as an undisclosed ministerial partner, in several portfolios is the former prime minister’s passion for control.

The Guardian - AU

Scott Morrison faces probe over secret ministry claims as government seeks legal advice

Former prime minister declines to comment as Peter Dutton and other senior ministers say they were ‘not aware’ of appointments

The New Daily

Morrison’s sharp answer to criticism he ‘trashed’ democracy

Scott Morrison has given a curt response to criticism that he "trashed" the democratic process by being secretly sworn into other portfolios while PM.

The Guardian - AU

Anthony Albanese seeks legal advice over reports Scott Morrison secretly swore himself into ministry roles

Former prime minister’s senior cabinet colleagues say they were unaware he allegedly swore himself into three ministry positions

The Guardian - AU

Nobel prize-winning economist Joseph Stiglitz calls for windfall profits tax in Australia

Tax is a ‘no-brainer’ after companies’ huge profits during Covid but corporate influence makes it ‘politically difficult’, Stiglitz says

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