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Australian Chamber of Commerce and Industry General Council Meeting

· Mathias Cormann, Secretary-General of the OECD (International)

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, growth, investment and productivity

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· Mathias Cormann Wiki · OECD WikiAustralian Chamber of Commerce and Industry General Council Meeting

ContextAddress in Melbourne to the general council of the Australian Chamber of Commerce and Industry; the OECD promotes better policies for prosperity and urges member countries to revive productivity growth.

Why it mattersThe OECD chief links Australia's weakening confidence to trade barriers and calls for growth-friendly reforms at home.

Problems raised
  1. Policy uncertainty and trade barriers weigh on growth.
  2. Financial conditions are tighter.
  3. Confidence is weakening.
Solutions proposed
  1. Keep trade open.
  2. Pursue growth-friendly reforms.
  3. Support business confidence.
Read full speech on oecd.org ↗

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