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17 Jan 2025 19:35
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  •   Home > News > Business

    Australia's unemployment rate has hit 4 percent, strengthening the case for a Reserve Bank rate cut

    Australia's unemployment rate has hit 4 percent, strengthening the case for a Reserve Bank rate cut


    The surprise tightening in the labour market has meant the rate's steadily risen from 3.4 per cent in late-2022.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Jan: Banks are once again jockeying for position -- with ASB lowering its rates this morning, off the back of a move by Westpac yesterday afternoon
     16 Jan: A key site in central Wellington that's been boarded up since 2019, is set to be re-developed
     16 Jan: ‘AI agents’ promise to arrange your finances, do your taxes, book your holidays – and put us all at risk
     16 Jan: Food price inflation is picking up again
     16 Jan: Kiwi retail investors are increasingly putting their money in US stocks rather than local ones
     16 Jan: All seven of Rotorua's emergency housing motels will stay open for now - but they must be shut down by the end of the year
     16 Jan: Retail investors are feeling more upbeat
     Top Stories

    RUGBY RUGBY
    All Black Wallace Sititi's knee surgery today will see him miss a chunk of the Super Rugby Pacific season More...


    BUSINESS BUSINESS
    Banks are once again jockeying for position -- with ASB lowering its rates this morning, off the back of a move by Westpac yesterday afternoon More...



     Today's News

    International:
    Live updates: Ceasefire back on track as Israel says it's reached deal with Hamas 19:27

    Entertainment:
    Bill Hader has been left "in shock" by the devastation caused by the Los Angeles wildfires 19:05

    Auckland:
    A man is in hospital in a moderate condition after falling during a fight between two men near Auckland's Newmarket train station 18:57

    Soccer:
    Aryna Sabalenka is putting her clutch third-round win at the Australian tennis Open down to her experience and mental toughness 18:47

    Cricket:
    A first win this season in cricket's Super Smash for the Central Hinds 18:37

    Entertainment:
    Melissa Rivers is putting on a brave face amid the traumatic Los Angeles wildfires 18:35

    National:
    The hidden health risk of having your hair washed 18:17

    International:
    Israel reaches deal with Hamas to return hostages, Netanyahu says 18:17

    Living & Travel:
    Confidence from the French SailGP team that their boat will finally be ready this season at the third event in Sydney next month 18:07

    Law and Order:
    A man's critically injured after an altercation outside a music event at Auckland's Trusts Arena 18:07


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