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This note presents selected findings based on the set of well-being indicators published in How's Life? 2015.
Australia provided USD 4.2 billion in net ODA in 2014 (preliminary data), which represented 0.27% of gross national income (GNI) and a fall of 7.2% in real terms from 2013. Australia’s ODA has fallen since 2012, both in volume and as a percentage of GNI.
Bilateral Agreements that have been signed to establish exchange of information for tax purposes.
Australia’s agriculture and food industries are well placed to contribute to the economy’s future growth given the robust prospects of global food demand and the continuing high international competitiveness of these sectors. There are, however, important challenges that call for new ways to exploit agricultural resources and human capital. The decade-long decline in agricultural productivity growth needs to be overcome, coupled with the need to accommodate uncertainties about the impacts of climate change and to respond to societal demands in the areas of sustainable development and animal welfare. The agro-food sector also needs to absorb exchange-rate and cost pressures created by the mining boom. To tap additional opportunities of the higher value food segments, Australian agri-businesses need new knowledge and capabilities to seize demand signals and value opportunities, particularly from more affluent consumers in Asian markets.
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Australia’s employment rate remains well above the OECD average. In the first quarter of 2015, the rate for 15-64 year-olds was 71.7%, 5.7 percentage points (ppts) above the OECD average. However, labour market conditions have been deteriorating steadily over the past four years, and Australia is no longer one of the best performing countries in the OECD area.
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
A dashboard of key government indicators by country, to help you analyse international comparisons of public sector performance.
In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.
Biographical note of Australia's Permanent Representative to the OECD.
A striking variety of policy instruments are used in Victoria, Australia to achieve conservation objectives. These include highly active voluntary programmes, a variety of conservation grants, and a reverse auction for the provision of ecosystem services, known as EcoTender. An open question regarding such payments for ecosystem services (i.e. grants and tenders) is whether they achieve ‘additionality.’