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Showing 1 - 10 of 1721 results for "Unemployment"

Cooling economy could keep RBA on hold

ELIZA BAVIN | WEDNESDAY, 3 JUN 2026

... capital markets Russel Chesler warned Australia may now be entering a "stagflationary regime". "GDP growth is slowing, unemployment is rising and inflation remains elevated," Chesler said. "Even though inflation is high and likely to remain stubborn ...

Inflation eases, experts split on next RBA move

VINNY VUCAGO | WEDNESDAY, 27 MAY 2026

... Smith also expects the RBA to hold rates in June, as recent labour market data shows a softening economy, with rising unemployment and weaker hiring. However, Smith added that an August rate hike remains likely if inflation proves stubborn. "With growth ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN | TUESDAY, 12 MAY 2026

... prepared to confront these challenges with faster growth at the end of last year than any major advanced economy, low unemployment, solid wage growth and stronger public finances than most of the developed world."

Household wealth rises 2.5%

ELIZA BAVIN | FRIDAY, 27 MAR 2026

... revised our outlook for inflation higher, downgraded our outlook for economic growth and increased our forecast for unemployment," Allen said. "Prior to the war, the economy was clearly operating above its supply capacity, and the RBA had signalled it ...

Inflation remains firm, May rate hike still in play

ELIZA BAVIN | THURSDAY, 26 MAR 2026

... with global shocks. "We're well placed and well prepared with faster growth than any major advanced economy, low unemployment and solid wages growth," Chalmers said. "The Albanese government's three main economic priorities are addressing inflation ...

Inflation could surge above 4%

ELIZA BAVIN | FRIDAY, 13 MAR 2026

... concerns, the economic backdrop in Australia is in "good shape". "Growth has recovered quite maturely over the past year. Unemployment is close to historic lows and compares very favourably internationally, and average levels of wealth and income in ...

Persistent inflation will mean two rate hikes from RBA: Barrenjoey

RIDDHIMA TALWANI | FRIDAY, 27 FEB 2026

... difference, McMenamin noted, between the domestic and other economies around the world is that Australia has a much lower unemployment rate prior to the pandemic. He highlighted that Australia's labour market has proven to be extremely resilient. ...

Jobs rise in line with expectations, RBA hike still likely

ELIZA BAVIN | THURSDAY, 19 FEB 2026

The seasonally adjusted unemployment rate remained at 4.1% in January, according to the Australian Bureau of Statistics (ABS). "The unemployment rate remained steady at 4.1% in January. Employed people grew by 18,000. Full-time employment rose by 50,000 ...

RBA gives bleak economic outlook

ELIZA BAVIN | TUESDAY, 10 FEB 2026

The Reserve Bank of Australia (RBA) has revised its economic outlook, showing a higher unemployment rate and slowing GDP growth over 2026. In its Statement on Monetary Policy (SoMP), the central bank expects GDP growth to pick up slightly in the near-term ...

Fed leaves rates on hold as Powell issues message to Trump

ELIZA BAVIN | THURSDAY, 29 JAN 2026

... noted that "economic activity has been expanding at a solid pace" but that "job gains have remained low" even if "the unemployment rate has shown some signs of stabilisation" and inflation "remains somewhat elevated". "In essence [the] decision reflects ...

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Australian Unity to shed 195 roles

MATTHEW WAI | 12:42PM

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 | 12:34PM

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 | 12:17PM

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 | 12:29PM

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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