GDP is projected to grow by 5.1% in 2021 and 3.4% in 2022, driven by domestic demand. Confidence is high and labour demand is strong. Nonetheless, restrictions continue to constrain some parts of the economy and insolvencies will rise from their current low levels.
This policy profile on education in Australia is part of the new Education Policy Outlook series, which will present comparative analysis of education policies and reforms across OECD countries. Building on the substantial comparative and sectorial policy knowledge base available within the OECD, the series will result in a biannual publication (first volume in 2014).
This country note provides information on latest trends in income inequalities in Australia as well as key findings from the OECD report "Divided We Stand: Why Inequality Keeps Rising".
Australia should improve governance of its drought policy, consider developing an insurance market for drought risk and help farmers adapt to climate change, according to a review of agricultural risk management in the country.
This document sets out when Australia joined the OECD, what its permanent delegation does, and the benefits of OECD membership.