Mathias Cormann

Australian inflation, interest rate, and recession risks

28 clusters · 147 sources · last updated 1 day ago

Latest: Australia interest rate hikes impact housing market and bank profits

The outlook for Australian interest rates has become increasingly complex due to rising global commodity costs. The Reserve Bank of Australia (RBA) faces pressure to raise rates as persistent inflation is driven by surgi

Italian domestic and foreign policy developments

9 clusters · 197 sources · last updated 2 days ago

Latest: Italy implements pension revaluation and tax relief measures

The political landscape in Italy has seen recent activity regarding both international diplomacy and domestic fiscal policy. Former Five Star Movement leader and EU Special Representative Luigi Di Maio praised Prime Mini

Global PISA results show widespread decline in performance

50 clusters · 283 sources · last updated 3 days ago

Latest: PISA results spark debate over educational performance in Spain

The 2025 PISA results confirm a global decline in student performance, particularly in reading and mathematics. OECD Secretary-General Mathias Cormann attributed the drop in teenage reading proficiency to increased scree

IMF and OECD update global growth and inflation forecasts

10 clusters · 113 sources · last updated 17 days ago

Latest: IMF projects 4.7% global inflation for 2026 amid slowing growth

Global economic outlooks continue to reflect a trend toward deceleration, though recent reports highlight varying degrees of resilience. The OECD previously revised global GDP growth projections downward to 2.9% in 2026

Australian GST reform debate

2 clusters · 9 sources · last updated 21 days ago

Latest: Australia tax reform debate focuses on potential GST increase

The Grattan Institute has proposed a major overhaul of the Australian tax system to address rising national and state debts. The proposal recommends increasing the Goods and Services Tax (GST) from 10 per cent to 15 per