The OECD finds that poverty is rising in Australia with the number of those living in poverty accounting for 14.4 per cent of the population, compared to the OECD average of 11.3 per cent.
But the report finds while child poverty is on the rise, poverty among the elderly has declined.
Public policy analyst Peter Whiteford says, overall, the report shows just how much more societies in parts of Europe and the United States have suffered from the global financial crisis.
But Professor Whiteford, from the Australian National University in Canberra, says it does reveal some concerns within Australia.
"We've got a lot of issues we need to address in Australia, and I think there are some obvious ones, like unemployment's deteriorated over the past year or so. And there seems to be, particularly, problems of increasing proportions of young people who are neither in employment, education or training."
The report shows the proportion of young people not in employment, education or training to have risen overall, from about 10 per cent to 12 per cent.
Listen: Public policy analyst Peter Whiteford speaks to Ron Sutton