Australia’s seasonally adjusted unemployment reached 4.5 percent in July, according to new reports.

This is an increase from June's figure of 4.4 percent - and it's the highest level of overall unemployment since the days of the Covid-19 pandemic.

Australian correspondent Murray Olds says this could encourage the RBA to potentially bring interest rates down.

LISTEN ABOVE

Australia’s seasonally adjusted unemployment reached 4.5 percent in July, according to new reports.
This is an increase from June's figure of 4.4 percent - and it's the highest level of overall unemployment since the days of the Covid-19 pandemic.
Australian correspondent Murray Olds says this could encourage the RBA to potentially bring interest rates down.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Murray Olds: Australian correspondent on Australia's unemployment rate continuing to climb for July

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/33543373-ada9-4d80-9f64-b4ac00543b19/transcript