The economy lost almost 41,000 jobs in July - but the unemployment rate fell to a new 48 year low of 3.4%.

Jarden Australia Chief Economist Carlos Cacho explains why the participation rate is so significant, and what it all means for the Reserve Bank's decisions on interest rates.

The economy lost almost 41,000 jobs in July - but the unemployment rate fell to a new 48 year low of 3.4%. Jarden Australia Chief Economist Carlos Cacho explains why the participation rate is so significant, and what it all means for the Reserve Bank's decisions on interest rates.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Business journalist Sean Aylmer talks to leaders about all things business in the Fear and Greed daily interview. 

Business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> talks to leaders about all things business in the <a href="https://fearandgreed.com.au/">Fear and Greed</a> daily interview.

Business journalist Sean Aylmer talks to leaders about all things business in Fear and Greed Interviews.

Fear and Greed Interviews

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Interview: Why unemployment fell, even though jobs were lost in July

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.


ASX tumbles


Rio-Glencore deal off


Coalition still divided


Bullock in parliament


NFL for MCG

Join our free daily newsletter here.

This is the&nbsp;<a href="https://fearandgreed.com.au/">Fear and Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li>
ASX tumbles
</li>
<li>
Rio-Glencore deal off
</li>
<li>
Coalition still divided
</li>
<li>
Bullock in parliament
</li>
<li>
NFL for MCG
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | Worst markets day in 3 months

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/117d28b6-6fb8-4a09-b9c8-b3e9005ea77f/transcript

Friday 6 February 2026

The Reserve Bank warns that wages will not keep pace with inflation
Uranium stocks take a tumble as the AI debate continues
One Nation raises the prospect of joining the Coalition 
Bunnings wins the right to keep using facial recognition
The Winter Olympics gets underway in the Dolomites in northern Italy

Join our free daily newsletter here.

And don’t miss the latest episode of How Do They Afford That? - this week, seven signs you’re better with money than you think. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Friday 6 February 2026
The Reserve Bank warns that wages will not keep pace with inflation
<ul>
<li aria-level="1">Uranium stocks take a tumble as the AI debate continues</li>
<li aria-level="1">One Nation raises the prospect of joining the Coalition&nbsp;</li>
<li aria-level="1">Bunnings wins the right to keep using facial recognition</li>
<li aria-level="1">The Winter Olympics gets underway in the Dolomites in northern Italy</li>
</ul>
Join our<a href="https://fearandgreed.com.au/newsletter-signup"> free daily newsletter here</a>.
And don&rsquo;t miss the latest episode of<a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/"> How Do They Afford That?</a> - this week, seven signs you&rsquo;re better with money than you think. Get the episode from<a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235"> APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14"> SPOTIFY</a>, or anywhere you listen to podcasts.

RBA wages warning; uranium stocks tumble; Google’s massive AI spend

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/57a56284-b8af-475c-b530-b3e800b7944f/transcript

Are Australia’s big department stores running out of road? In the US, iconic names like Saks and Macy’s are shrinking fast. At home, David Jones and Myer have both been closing stores as consumer behaviour shifts and online retail keeps growing.

Sean Aylmer speaks with retail expert Professor Gary Mortimer from Queensland University of Technology, about whether department stores can still survive - and if so, what they need to become.

Are Australia&rsquo;s big department stores running out of road? In the US, iconic names like Saks and Macy&rsquo;s are shrinking fast. At home, David Jones and Myer have both been closing stores as consumer behaviour shifts and online retail keeps growing. Sean Aylmer speaks with retail expert Professor Gary Mortimer&nbsp;from Queensland University of Technology, about whether department stores can still survive - and if so, what they need to become.

Q+A: Are we watching the slow death of David Jones and Myer?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/588f4081-b016-47fa-8ede-b3e800b7928d/transcript

Interview: Why unemployment fell, even though jobs were lost in July

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