Economic growth has been resilient, exports and investment will support the economy and wage growth and price inflation will gradually pick up
English, PDF, 382kb
The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Australia increased by 0.9 percentage points from 27.6% in 2016 to 28.5% in 2017. The corresponding figures for the OECD average were a decrease of 0.2 percentage points from 34.4% to 34.2% over the same period.
English, PDF, 650kb
The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges
English, PDF, 537kb
Resistance proportions for eight antibiotic-bacterium pairs in Australia have increased in recent years, from 7% in 2005 to 10% in 2015, and could go up to 12% by 2030, should current trends in antibiotic consumption, population and economic growth continue into the future. Resistance proportions in Australia were lower than the OECD average in 2015 (17%).
English, PDF, 502kb
These graphs offer a brief summary of the commodity trade situation in the country.