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Selected findings for Australia from the report "The Pursuit of Gender Equality: An Uphill Battle"
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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%).
The tax burden on labour income is expressed by the tax wedge, which is a measure of the net tax burden on labour income borne by the employee and the employer.
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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.
Further structural reform is required to raise productivity growth through a better climate for business and stronger R&D outcomes.
As part of the STI Outlook 2016, the OECD has released policy profiles by country. These include cross-country analyses that draw on the first joint EC-OECD survey on STI policies. They focus on major STI policy areas, instruments and trends.