Australian unemployment rises to 4.5% in April
Australia's labour market showed signs of cooling as the seasonally adjusted unemployment rate rose to 4.5% in April.
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Australian dwelling approvals tumble 10.5% in March
The Australian construction sector faced a downturn in March, with total dwelling approvals sliding 10.5% to 17,300 units.
Australian inflation hits 4.6% peak in March
Australia's cost of living has surged to its highest level in over two years, with the consumer price index jumping 4.6% in the 12 months to March.
Economy
Australian scam losses hit $2.18B in 2025
Australians reported a $2.18 billion in financial losses to scams throughout 2025, according to the latest figures released by the National Anti-Scam Centre.
Socioeconomic divide drives major gap in Australian diets
New data from the Australian Bureau of Statistics has exposed a stark socioeconomic divide in national dietary habits.
Is the US Jobs Market Starting to Crack? Steven Rattner on Tariffs, AI and Stagflation
The latest jobs data is pointing to a softer US labor market, even as overall economic conditions have remained relatively solid. Steven Rattner of Willett Advisers unpacks what is driving that disconnect, why tariffs may be adding pressure on employers, how AI is already influencing hiring decisions, and why the combination of forces could create a challenge for the Fed and for investors.