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Showing 31 - 40 of 1723 results for "unemployment"

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 ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... have determined is sustainable. The labour market remains strong overall, with continuing employment growth, low unemployment and historically high rates of participation in the workforce. Reductions in interest rates are likely to lead to higher consumer ...

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... should be to grow jobs and the incomes of people struggling after a decade of stagnation in living standards. Low unemployment is an opportunity not a risk. Reducing it further will not spark a fresh outbreak of inflation as some have wrongly suggested." ...

Fed holds rates, but RBA still poised for a cut

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025
... remained elevated, led to an extended period of economic dislocation, including high inflation, low growth and high unemployment," GSFM investment specialist Stephen Miller said. "While the current period is some distance from the 1970s experience, the ...

WA takes the economic crown: CBA

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... indicators, enabling comparisons in terms of economic momentum. Western Australia ranked first on retail spending, relative unemployment, relative population growth, housing finance and dwelling starts. Victoria claimed second place, climbing from fourth ...

Inflation slows, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
... debt cuts, and the spending on Medicare and PBS to a lesser extent, likely to be mildly inflationary" Chesler said. "Unemployment hasn't budged from its historically low levels (currently at 4.1%), which limits further progress in battling inflation ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... to parliament Chalmers said the Australian economy was "turning a corner". "Inflation is down, incomes are rising, unemployment is low, interest rates are coming down, debt is down, and growth is picking up momentum. On all these fronts, our economy ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... the 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," ...

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

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... biggest 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 ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... balancing act. "Many countries around the world have paid for this kind of progress on inflation with much higher unemployment, or with negative quarters of economic growth," Chalmers said. "What Australians have been able to achieve is an economy where ...