Over in Australia, the unemployment rate increased to 4 percent in December - raising questions ahead of a potential interest rate cut next month.

Unemployment is one of the key metrics the RBA uses to inform interest rate settings, and a weakening market could encourage the central bank to reduce rates.

HSBC chief economist Paul Bloxham explains further.

LISTEN ABOVE

Over in Australia, the unemployment rate increased to 4 percent in December - raising questions ahead of a potential interest rate cut next month.
Unemployment is one of the key metrics the RBA uses to inform interest rate settings, and a weakening market could encourage the central bank to reduce rates.
HSBC chief economist Paul Bloxham explains further.
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

Paul Bloxham: HSBC chief economist on Australia's unemployment rate reaching 4 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5e1a7eab-9c89-479c-a7c2-b26c0077fbe4/transcript