Unemployment rate jumps; home sellers drop asking prices; Apple launches smart display

 

Fear & Greed Q+A

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Friday 16 October 2026

Australia’s unemployment rate hits a five year high, but it might not be enough to prevent another rate hike. 

  • The auction market slump is forcing sellers to accept lower prices
  • The federal government launches its flagship online safety legislation
  • ASIC drops its insider trading investigation into WiseTech Global founder Richard White
  • Apple shifts into the smart home world, taking on Amazon and Google

 

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FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer an…