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Showing 11 - 20 of 964 results for "Unemployment rate"

Unemployment falls, more women enter the workforce

ELIZA BAVIN | FRIDAY, 15 AUG 2025

The seasonally adjusted unemployment rate fell to 4.2% in July, according to data from the Australian Bureau of Statistics (ABS). "With employment rising by 25,000 people and the number of unemployed decreasing by 10,000 people, the unemployment rate ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN | WEDNESDAY, 13 AUG 2025

... and inflation to finally reach 2.5%, the middle of the target band, by December 2027. This is despite a steady unemployment rate of 4.3% over the projected horizon," Wood said. "We retain our view that the market is fully priced for the RBA's easing ...

Return to office mandates to harm firms, careers

JAMIE WILLIAMSON | FRIDAY, 1 AUG 2025

... seeing weakness in the employment market as an opportunity to impose stricter return to office mandates; the unemployment rate in financial services is much higher than the national average, particularly for top earners, the review shows. And now the ...

Bullock reaffirms RBA's 'gradual easing' policy

ELIZA BAVIN | FRIDAY, 25 JUL 2025

... There are many ways the labour market can adjust. The RBA doesn't 'target' a specific outcome, like a certain unemployment rate or number of job losses, to reach full employment," Bullock said. "Monetary policy cannot control how the adjustment happens ...

Unemployment data throws 'curveball' at RBA

ELIZA BAVIN | THURSDAY, 17 JUL 2025

The unemployment rate rose from 4.1% to 4.3% in June, according to data released by the Australian Bureau of Statistics (ABS). VanEck head of investments and capital markets Russel Chesler said the surprise uptick in unemployment means the next rate ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI | FRIDAY, 20 JUN 2025

While the Australian unemployment rate remained unchanged, experts are becoming less optimistic we'll see many more rate cuts this year. The Australian labour market remained robust in May, with the unemployment rate sitting at 4.1%, Australian Bureau ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN | WEDNESDAY, 5 MAR 2025

... central bank accepted that it would "tip the economy into a recession". "As it turns out, GDP fell in 2024, the unemployment rate rose by almost 2ppts, and this combination brought inflation back to the RBNZ's 'near 2%' target by 2H24," Bloxham ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI | TUESDAY, 18 FEB 2025

... risks in the current economic climate, including the bleak GDP growth Australia is generating. Although the unemployment rate in Australia has remained relatively low, GDP growth has been less than enlightening, Tagg said. "We're probably looking ...

Unemployment edges up despite jobs added

ELIZA BAVIN | THURSDAY, 16 JAN 2025

... strong in the December 2024 read, according to the Australian Bureau of Statistics (ABS). The seasonally adjusted unemployment rate rose by 0.1 percentage point to 4% in December. "With employment rising by 56,000 people and the number of unemployed ...

Unemployment drops below 4%

ELIZA BAVIN | THURSDAY, 12 DEC 2024

The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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