Country: AU | Published: 2026-09-25
Australia's benchmark sits near a three-month low, with the jobless rate climbing to a five-year high of 4.6% as more people seek work, yet markets still weigh the chance of a cent
Australia's benchmark sits near a three-month low, with the jobless rate climbing to a five-year high of 4.6% as more people seek work, yet markets still weigh the chance of a central bank rate hike given lingering inflation pressure from higher oil prices. That tension between a cooling labor market and stubborn price worries keeps the rate outlook uncertain. Meanwhile, airport workers at several hubs staged a 24-hour strike, adding a layer of local disruption to the broader macro picture.