Unemployment up despite 55k jobs boost
Despite a bumper 55,000 jobs added to the economy in September, the unemployment rate rose following a jump in the participation rate.
Despite a bumper 55,000 jobs added to the economy in September, the unemployment rate rose following a jump in the participation rate.
A better-than-expected US inflation print overnight pushed the ASX to an eight week high.
With annual wages growth hitting its highest levels in almost 15 years, economists are split on the RBA’s next move on interest rates.
One state’s parliament erupted in a shouting match over how vital roads and bridges will be funded, as the federal government tries to claw back billions in cost blowouts.
Worrying new data suggests a devastating wave of construction company collapses will continue into the second half of the year.
Aussie banks are making changes that could make it even harder for homebuyers struggling to get into the market.
It was a strong session for rate-sensitive technology and payment firms as the local sharemarket started the week sharply higher.
Interest rates are scheduled to keep going up but there’s a worrying sign it won’t be enough to save the Aussie economy.
The Australian sharemarket followed Wall Street higher to finish the week higher.
The Australian sharemarket more than surrendered its gains from the previous session as a host of blue-chip firms slipped into the red.
The hyper-competitive buy now, pay later sector has a brand new player – a name that many will be familiar with.
The local sharemarket moved higher on Wednesday, even after technology stocks had another shocker.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/170