An interest rate cut is looking more likely when the RBA meets in a few weeks, after the rise in the unemployment rate in June.

The jobless rate had held between 3.9% and 4.2% since late 2023 even as the broader economy slowed, a surprising resilience ...

An unemployment rate for June of 4.3 per cent should ring alarm bells at the Reserve Bank’s Martin Place headquarters.

Employment grew by just 2,000 jobs, far below the anticipated 20,000. This prompted speculation of an interest rate cut by ...

Australia's unemployment rate has unexpectedly risen to 4.3 per cent, its highest level since November 2021. Featured: ...

CANBERRA] Australian unemployment unexpectedly climbed to a four-year high in June as hiring almost stalled, suggesting a ...

The Reserve Bank won’t exactly be cheering, but the unexpected rise in Australia’s unemployment rate to a 43-month high of ...

Hopes for a third interest rate cut have been boosted after Australia’s jobs boom stalled but economists have warned not to ...

NAB’s survey suggests those numbers will be favourable to an interest rate cut. It showed retail price growth slowing to just ...

More than 34,000 jobs were lost in the Australian economy in June pushing the unemployment rate up to 4.3 per cent - its ...

The latest data means the Reserve Bank of Australia is likely to cut interest rates in the August meeting, economists say. See the details.

The unemployment rate came in higher than expected for June, boosting hopes for an August rate cut after the Reserve Bank of ...