Australian Unemployment Falls, Supporting Case for RBA Rate Hold

Australia’s Unemployment Rate Dips to 4.2 Percent in July Amid Economic Slowdown

Australia’s unemployment rate eased to 4.2 percent in July, down from 4.3 percent a month earlier, according to the Australian Bureau of Statistics (ABS). The slight improvement comes after June’s surprise jump to the highest unemployment mark since the pandemic. The latest figures were driven by an increase of 60,000 full-time positions, which masked a drop of 36,000 part-time roles. Women accounted for two-thirds of the full-time gains, adding…

September rate cut less likely after jobless rate falls

Economists say the jobs figures suggest the central bank could wait until November or December to lower the cash rate to 3.35 per cent.

Unemployment rate improves as full-time jobs surge

Employment increased by nearly 25,000 people, driven by 60,000 full-time jobs, and the number of unemployed people also fell in the month.

Australian Unemployment Falls, Supporting Case for RBA Rate Hold

Australia’ jobless rate ticked lower and employment rose, signaling the labor market remains tight and reinforcing the Reserve Bank’s cautious approach to policy easing.

Jobless fall gives RBA room before next rate cut

The unemployment rate slid to 4.2 per cent in July, partly because of an unwinding from an earlier, outsized jump, the Australian Bureau of Statistics reports.

Commonwealth Bank to cut business loan rates after RBA move

Commonwealth Bank will cut interest rates on eligible variable-rate business loans by 0.25% from 22 August 2025, following the RBA's recent rate cut.