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flag OECD commends Australia’s fiscal reforms, urges more action for long-term sustainability.

flag The OECD has praised Australia’s Labor government for reducing superannuation tax concessions and controlling public spending, calling the steps positive amid fiscal pressures. flag The international body acknowledged progress on reforms from the 2025 productivity roundtable, particularly in boosting competition and supporting the energy transition. flag While welcoming the direction, the OECD urged further tax and spending reforms to ensure long-term budget sustainability. flag Treasurer Jim Chalmers described the report as a strong endorsement of Labor’s economic strategy ahead of the May budget.

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