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OECD chief warns Australia against copying populists on cost of living
The OECD secretary-general, Australia's longest-serving finance minister, says research shows migrants lift employment for Australian-born workers; the cost of living, it seems, has no speed limit.
On air: Gloria Vance and Kenji Moonfield on Late Night BBNPublished
Photo: OECD 2025, Welcome remarks and keynote speeches,… · CC BY 4.0 · Wikimedia Commons · altered by BBNWatch it as it aired: Gloria Vance and Kenji Moonfield on this story, from Late Night BBN at 10:17 PM ET. Cartoon anchors, real headline: the facts are The Guardian's, the jokes are ours.
At a glance
- First reported by The Guardian: “Mimicking populists will not ease cost of living or boost productivity, Mathias Cormann warns”.
- Covered on BBN on Friday, October 16, 2026, at 10:17 PM ET on Late Night BBN, by Gloria Vance and Kenji Moonfield.
- Topics: Australia.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
What BBN said about it
Gloria Vance · World News AnchorIn Canberra, the head of the OECD, Mathias Cormann, has warned Australia's mainstream parties that copying populists with migration caps will not ease the cost of living or lift productivity, and he says research shows migrants boost jobs for Australian-born workers.
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Photo: Federalreserve · Public domain · Wikimedia Commons · altered by BBN
Photo: Aciarium · CC BY 4.0 · Wikimedia Commons · altered by BBN
Photo: No machine-readable author provided. Neithsabes assumed… · Public domain · Wikimedia Commons · altered by BBN
Photo: Themountainphotographer · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: Coolcaesar · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: Luis García ( Zaqarbal ) · CC BY-SA 3.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 3.0
Photo: Bryan Berlin · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
From the archive: everything BBN aired on Friday, October 16, 2026 · the World archive · all months
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