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Showing 1 - 10 of 964 results for "Unemployment rate"

Persistent inflation will mean two rate hikes from RBA: Barrenjoey

RIDDHIMA TALWANI | FRIDAY, 27 FEB 2026

... 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. "There's ...

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

... 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 some ...

Unemployment rate may tip the scale in favour of February RBA hike

ANGELIQUE MINAS | FRIDAY, 23 JAN 2026

The unemployment rate fell to 4.1% in December, according to the Australian Bureau of Statistics (ABS). The unexpectedly robust employment numbers have added to the possibility of a Reserve Bank of Australia (RBA) interest rate hike back when the board ...

Spain plans sovereign wealth fund launch

JAMIE WILLIAMSON | MONDAY, 19 JAN 2026

... International Monetary Fund and BBVA Research, the Spanish economy is growing at double the pace of the EU. Its unemployment rate has reduced to 10.5%, a level not seen since before the Global Financial Crisis. However, the research showed Spain struggles ...

RBA hike may come as soon as February

ELIZA BAVIN | FRIDAY, 12 DEC 2025

... +20,000 new jobs. However, around 23,000 people withdrew from the labour force over same period, resulting in the unemployment rate being maintained at 4.3% for November," Rynne said. "What is more concerning is that the annualised rate of employment ...

RBA opts to keep cash rate on hold

ANGELIQUE MINAS | WEDNESDAY, 10 DEC 2025

... recently, it said. The RBA acknowledged labour market conditions have continued to narrow and tighten. As the unemployment rate has gradually risen over the last 12 months, employment growth has slowed. Although measures of labour underutilisation remain ...

Inflation hits 3.8% in October

KARREN VERGARA | WEDNESDAY, 26 NOV 2025

... said. "This result follows September quarter inflation figures that came in higher than expected, while the unemployment rate remains low. Throw this inflation print on the pile and it is clear that the RBA cannot justify cutting rates right now." The ...

November rate cut likely off the table as inflation lifts

ELIZA BAVIN | WEDNESDAY, 29 OCT 2025

... forward-looking indicators for the labour market that doesn't appear in the medium term to be suggesting that the unemployment rate is going to deteriorate quite markedly. We always thought it would drift up a bit, maybe it's drifted up a bit further ...

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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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