The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today the first 10 outcomes of a new and enhanced peer review process aimed at assessing compliance with international standards for the exchange of information on request between tax authorities.
This report contains the 2017 Peer Review Report on the Exchange of Information on Request of Australia.
English, PDF, 267kb
Australia’s working-age employment rate (66% in the first quarter of 2017) substantially exceeds the OECD average (61%), and the unemployment rate (5.8%) remains slightly below the OECD average (6.1%).
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
The city of Newcastle is fast emerging as a smart, liveable and sustainable city.
English, PDF, 418kb
Australia had the 28th lowest tax wedge among the 35 OECD member countries in 2016. The country occupied the same position in 2015. The average single worker in Australia faced a tax wedge of 28.6% in 2016 compared with the OECD average of 36.0%.
These country specific notes provide figures and commentary from the Taxation and Skills publication that examines how tax policy can encourage skills development in OECD countries.
Giving people better opportunities to participate actively in the labour market improves well-being. It also helps countries to cope with rapid population ageing by mobilising more fully each country’s potential labour resources. Weak labour market attachment of some groups in society reflects a range of barriers to working or moving up the jobs ladder. This report on Australia is the third country study published in a series of reports looking into strategies to encourage greater labour market participation of all groups in society with a special focus on the most disadvantaged. Labour market and activation policies are well developed in Australia. However, the gap in employment rates is still considerable for some groups of the population, including women with young children, disadvantaged youth, people with disability, people with mental health problems and the indigenous population. This report discusses the size of the gap and the - often multiple - barriers underlying low labour market participation of these groups, and it provides a non-exhaustive number of good practice policies and measures from other OECD countries which could guide Australia's policy development in the coming years.
Australia’s strong economy has helped drive a healthy job market. But to avoid a future shortage of labour as the population ages, further efforts are needed to help older women, indigenous Australians and mothers with young children into work, according to a new OECD report.
Further structural reform is required to raise productivity growth through a better climate for business and stronger R&D outcomes.