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The Latest Breaking News from OECD

New Zealand's dangerous productivity slide

Our country's productivity problem isn't just a cultural quirk – it means we miss out when it comes to competition and trade opportunities.

Newsroom.co.nz

‘Where is the accountability?’: Indigenous children bear the brunt of Australia’s unequal education system

In the Northern Territory, the failure to implement the Gonski funding reforms has left students with the fewest resources further disadvantaged

The Guardian - AU

High drug prices in Canada are just one side of a bad equation

The Canadian health-care system is under pressure as service levels decline while costs escalate. Drugs are one of our largest health-care expenditures. A federal agency, the Patented Medicine Prices Review Board (PMPRB), is supposed to control drug prices for Canadians.

The Conversation

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

Employees with disability tiny fraction of senior staff

Australia has one of the lowest employment rates for people with disability in the OECD and the Business Council believes the untapped talent is an opportunity.

AAP

India to push G-20 to raise MNC tax share

India to push for higher share of taxes from multinationals at Finance Ministers and central bankers meeting in Gujarat; seeks de-linking of withholding tax from excess profit tax principle.

The Hindu

Private school funding increased twice as much as public schools’ in decade after Gonski, data shows

Exclusive: government funding since landmark education review released ‘has gone to those least in need’, says national convenor of Save Our Schools

The Guardian - AU

AI revolution puts skilled jobs at highest risk, OECD says

Law, medicine and finance sectors could be among most affected, according to organisation’s employment outlook

The Guardian - UK

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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

Australia's 'retirement age' just became 67. So why are the French so upset about working until 64?

Since Saturday, Australians have been required to wait until the age of 67 until they can get the age pension.

The Conversation

University is expensive – how a mid-course work placement can help with costs and careers

Students are struggling financially. A 2022 survey from the Office for National Statistics found that half of students in England felt they were facing financial difficulties, and that one-quarter of students had borrowed more to cope with the cost of living crisis. In England, tuition fees for bachelor’s programmes are…

The Conversation

UK worst in G7 at curbing inflation, analysis finds

THE UK is the least successful country in the G7 at curbing inflation, new analysis has concluded.

The National (Scotland)

How childcare subsidies can reduce the gap between mothers’ and fathers’ career paths – for this generation and the next

More than 80% of women in England and Wales will become mothers at some point during their working lives, according to OECD figures. Most of these women will have two children around two or three years apart, spending at least 20 years of their adult lives with a child under…

The Conversation

Beyond the Soap Box: NZ's medication funding blind spot

Dr Fiona Imlach argues it’s time for politicians to realise the full impact of NZ’s fourth-highest cause of disability, and fund accordingly.

Newsroom.co.nz

3 Stocks to Own as Alzheimer's Drugs Bring Relief

The number of people with dementia, including those with Alzheimer's disease, are projected to increase from 50+ million now to more than 150 million in 2050, according to Alzheimer's Disease International. Those sheer numbers will mean that investors in certain stocks, producing Alzheimer's drugs to combat the disease, are poised…

StockNews.com

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The Guardian - UK

Britain’s shorter children reveal a grim story about austerity, but its scars run far deeper

Since 2010, our five-year-olds have been showing signs of reduced growth, a likely symptom of policies that have led to impoverished lives

Crikey

Reserve Bank shocked — SHOCKED — to discover price gouging going on

Well done RBA for recognising that profits are driving up inflation. Now it just needs to recognise that it’s a far greater threat than workers’ wages.

The National (Scotland)

Councillors share Glasgow's success on homelessness at Brussels Urban Summit

WE are all familiar with the old joke that when waiting for a bus three come alone at the same time- it happened in Brussels last week.

Radio France Internationale

Nearly one in 10 jobs could be replaced by AI within decade, says OECD

A study by the OECD has found that 24 percent of existing jobs will be affected by the rise of artificial intelligence, while 9 percent may disappear altogether.

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The Guardian - AU

Strong job numbers could mean more rate rises for Australia. Here’s why a recession isn’t a certainty

Reserve Bank appears determined to raise interest rates at least once more, even if Australia’s economy is slowing

The Guardian - AU

Inflation, unemployment, interest rate hikes: is it any wonder Australia’s misery index is rising?

Alleviate supermarket blues by performing a funky dance in the canned veg section

The New Daily

Wages or profits? What’s to blame for sky-high inflation?

As the cost-of-living crisis takes a turn for the worse, debate is raging about the role corporate profits have played in delivering the highest inflation

Crikey

The cost of the Reserve Bank’s profit denialism will be counted in lives

The RBA insists there’s no link between rising profits and inflation. Why do other central banks and the OECD disagree?

Al Jazeera

In Japan, embarrassed employees pay agencies to quit for them

Companies like Exit handle resignations on behalf of Japanese employees who are too nervous to confront their boss.

Evening Standard

Squeeze on real wages in UK to last until Christmas, say OECD economists

UK economic growth also lagging behind many other wealthy nations

Bangkok Post

OECD lifts world GDP growth forecast to 2.7%

PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road".

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