← SBS News In Depth
Unemployment is rising. What does it mean for interest rates? artwork

Unemployment is rising. What does it mean for interest rates?

SBS News In Depth
13:13
Play episode

Show notes

Australia’s jobless rate has climbed. Could a softer jobs market change the outlook for rates? Australia’s unemployment rate has risen to 4.6 per cent, but what does that really tell us about the strength of the jobs market and the outlook for interest rates? SBS Finance Editor Ricardo Gonçalves speaks with Westpac senior economist Pat Bustamante about the latest labour force figures and what they could mean for inflation and the RBA. Plus, Tom Kennedy speaks with Adam Dawes from Shaw and Partners about the day’s sharemarket moves and the rebound in oil prices. Listen to more episodes of News in Depth. Follow SBS News on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts. For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

More from this show

More
  1. Retiring Liberal senator Jonno Duniam on his party's challenges

    Is the Liberal Party a sinking ship? Retiring senator Jonno Duniam faces questions on migration, visa delays and his party's future. As he prepares to leave federal politics, Libe…

    19:18
  2. Australian MP injured in alleged attack, Europe rocked by riots

    An alleged attack on well-loved regional MP Helen Haines leaves Australia grappling with the reality of political violence on its shores. We’re joined by SBS’ Canberra bureau to di…

    39:59
  3. What rural American voters want ahead of the midterms

    In the Republican heartland of southwestern Arizona, growing disillusionment with Donald Trump is testing party loyalties ahead of the US midterm elections. Some former supporters…

    06:55
  4. Australia's rising threat of radicalisation

    Authorities and security agencies are warning that online radicalisation is growing and becoming more accessible in the country. Warnings have emerged at a parliamentary inquiry e…

    04:48
  5. NextDC’s 42% plunge puts data centre risks in focus

    Delays to power upgrades at NextDC's Melbourne site forced a sharp downgrade, raising questions for data centre investors. A delay to power upgrades at a Melbourne site sent NextD…

    15:21
  6. Peace at what price? Trump's pressure on Ukraine grows

    Trump ramps up pressure on Ukraine to strike a peace deal with Russia, raising fears Kyiv could be forced into painful concessions. Donald Trump is ramping up pressure on Ukraine…

    05:27
Now Playing
Unemployment is rising. What does it mean for interest rates? — SBS News In Depth | Podcast | Josplay Music