Australia's unemployment rate dropped to 3.7 percent in February, down from 4.1 percent.

This decrease comes off the back of an ongoing economic slowdown, as Australia aims to tamp down inflation.

Australian correspondent Murray Olds says it's likely employers are feeling more confident, amid the promises of rate cuts later this year.

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Australia's unemployment rate dropped to 3.7 percent in February, down from 4.1 percent.
This decrease comes off the back of an ongoing economic slowdown, as Australia aims to tamp down inflation.
Australian correspondent Murray Olds says it's likely employers are feeling more confident, amid the promises of rate cuts later this year.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.