OECD calls on Australia to raise GST and increase affordable housing amid budget deficit

Survey by organisation, which is led by former Liberal senator Mathias Cormann, says economy is ‘now normalising’, after post-pandemic struggleGet our breaking news email, free app or daily news podcastThe OECD has called on the government to broaden the GST, do more to reduce greenhouse emissions and adopt ambitious social housing targets as part of its annual economic survey of Australia.Ahead of Jim Chalmers’ fifth federal budget in May, the Organisation for Economic Co-operation and Development said Australia’s economy was “now normalising”, after struggling through a lengthy period of weak growth following the pandemic. Continue reading...