Over in Australia, unemployment rates have dropped to 4.1 percent - making a pre-Christmas cut to interest rates less likely.

The economy added 64,100 more jobs last month, 51,600 of which were full-time roles.

Australian correspondent Murray Olds says this is good news for some people - but the reduced odds of a rate cut will put strain on homeowners.

LISTEN ABOVE

Over in Australia, unemployment rates have dropped to 4.1 percent - making a pre-Christmas cut to interest rates less likely.
The economy added 64,100 more jobs last month, 51,600 of which were full-time roles.
Australian correspondent Murray Olds says this is good news for some people - but the reduced odds of a rate cut will put strain on homeowners.
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.

Heather du Plessis-Allan Drive

Murray Olds: Australian correspondent on Australia's unemployment rate dropping to 4.1 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cba4eaae-0e43-43a4-89e4-b20c004f0ad7/transcript

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