Today
RBA’s shock call to hold rates based on jobs, inflation: minutes
The Reserve Bank minutes reveal the board was buying time as it shocked the market by holding off on a rate cut at its July meeting.
This Month
Penalty rate push undermines productivity summit
A bill enshrining penalty rates in law will be among the first through parliament next week, but is at odds with the government’s productivity goals.
The jobless rate is up. Over to you Governor Bullock
The unexpected jump in the unemployment rate to 4.3 per cent will put scrutiny on the RBA’s surprise decision not to cut interest rates this month.
The RBA suddenly looks late on rates
The jump in the jobless rate appears to have all but locked in a rate cut in August, after the RBA shocked the market by holding last week.
Jobless rate rises; Square Peg’s hot AI stake; Trump slams MAGA
Read everything that’s happened in the news so far today.
Why the AI job loss tsunami is paralysing politicians
Instead of retraining those who lose work because of artificial intelligence, policymakers could help people take matters into their own hands.
Not a job but a calling: New tactic in the AI talent war
With tech companies in a no-holds-barred fight for the best people, the pitch has become less about pay and more about what’s actually being built.
US jobs report takes pressure off Fed’s Powell
US employers added 147,000 jobs last month, and the jobless rate edged down to 4.1 per cent, leading traders to dial back rate cut bets.
June
Jobless rate tipped to rise as government-funded hiring cools
Economists predict hiring across industries such as the public service and healthcare will soon slow and expose a weak private sector.
Employment falls; Trump ‘approved’ Iran plan; 2 unis in world’s best
Read everything that’s happened in the news so far today.
Lavish food and luxury? FIFO workers just want a good night’s sleep
That’s the finding of the most comprehensive study of workers in mining camps, which researchers hope will help resources giants keep staff happy.
US job report points to gradual moderation in labour market
Nonfarm payrolls increased by 139,000 last month, slightly better than expected. The unemployment rate held at 4.2 per cent, while wage growth accelerated.
Apocalypse or a four-day week? What AI might mean for you
If you’re “AGI-pilled” and you believe artificial intelligence will soon surpass humans, you’re probably worried about your job. But insiders reckon that might be the least of our problems.
The Reserve Bank should lower the cash rate to 3.5pc next month
Despite a genuine boost to real disposable incomes, Australian consumers are unwilling to loosen the purse strings in a meaningful way.
We’re told Australia’s economy is world-beating. The data shows it’s not
Treasurer Jim Chalmers says Australia’s economic story is a one of “relative economic strength”. But his international counterparts have no reason to envy him.
May
Booming jobs market to limit future RBA rate cuts
The latest data supports the central bank’s view the jobs market may be strengthening, making inflation a danger once again.
Employment jumps; Goldstein race tightens; How Brian Hartzer uses AI
Read everything that’s happened in the news so far today.
US job market shows surprising resilience
Wall Street jumped after employers added a better-than-expected 177,000 jobs, suggesting the impact of Donald Trump’s tariffs haven’t impacted the labour market yet.
April
Employment jumps; No Fed bailouts coming; ASX pressured on James Hardie
Read everything that’s happened in the news so far today.
US added 228,000 jobs in March as economy showed strength
The surprising jobs numbers were double what economists had predicted and showed the resilience in the US job market prior to Donald Trump’s trade war.