Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 1732 results for "unemployment"

RBA switches to 'decidedly hawkish' tone

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
... Allen said the Minutes suggest the board are not worried about weakness in some recent data. "On the increase in the unemployment rate, there are concerns around data quality and forward-looking indicators are stable," Allen said. "They also seem unconcerned ...

Interest rates at highest level in 15 years

MATTHEW WAI  |  WEDNESDAY, 30 SEP 2026
... Meanwhile, growth in business investment and debt is strong." The recent interest rate hike from the Federal Reserve and unemployment data also contributed to the announcement. The central bank said it will continue to tame inflation "sustainably" but ...

Jobs data 'final nail in the coffin' for rate rise

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
The seasonally adjusted unemployment rate rose to 4.6% in August, according to the Australian Bureau of Statistics (ABS). "This month there was 39,000 more people in employment, and 28,000 more people in unemployment," ABS head of labour statistics ...

Intergenerational Report looks to AI to buoy productivity slump

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
... population projections downgraded, while the economic dividends of rising labour force participation and falling unemployment have now run their course. The report's most consequential number is therefore its assumption of 1.2% annual labour productivity ...

Fed's rate hike exacerbates Australia's outlook

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
... also threatening the global economy. "The US economy also remains resilient. August employment increased by 162,000, unemployment is around 4.1%, and consumer and business spending remains reasonably strong," he said. "This data gives the Fed scope to ...

ECB hikes rates, economists expect RBA might be next

RIDDHIMA TALWANI  |  FRIDAY, 11 SEP 2026
... well. "The economy in Australia in many ways is doing quite well. We've got growth roughly at trend. We have unemployment near historic lows, employment growth driven by the market sector, and real household incomes are growing pretty strongly. There's ...

Labor moves to kill non-compete clauses in productivity push

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
... enforceability of these terms means many employees stay in unfavourable jobs because leaving may result in court action or unemployment if they breach their restraint of trade term," Treasury said. "This affects the ability of Australian employees to ...

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
... Australia was well positioned to navigate ongoing global uncertainty, pointing to relatively strong economic growth, low unemployment, solid wage growth and stronger public finances than many advanced economies. "There are people who will always try ...

Jobs data surprises on the upside, rate hike on the cards

RIDDHIMA TALWANI  |  FRIDAY, 24 JUL 2026
... June, above the market consensus of 15,000 jobs creation, according to the Australian Bureau of Statistics (ABS). The unemployment rate remained ready at 4.4%. HSBC chief economist Paul Bloxham questioned if the rise is a more positive shift in the trend ...

Inflation cools, RBA facing 'uncomfortable trade-off'

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2026
... to force another hike in August 2026, but the case for easing has become harder to make. "GDP growth is weakening, unemployment has risen to 4.5%, households are running down savings buffers, and spending is already outpacing disposable income." Chesler ...
PREVIOUS
NEXT