This Month
BoE keeps rates at 15-year high despite economy fears
The central bank left the main rate at 5.25 per cent, where it has stood since August following the end of nearly two years of increases.
- Pan Pylas
US inflation data strengthens hopes of rate pause
The mixed picture in the US inflation report will probably keep the Federal Reserve on track to leave its benchmark interest rate unchanged.
- Updated
- Matthew Cranston
- Opinion
- Chanticleer
Five ways a soft landing could become a hard landing
The momentum in markets right now is strong, but investors are highly leveraged to a Goldilocks outcome of falling interest rates and a gently softening economy. But what if consensus is wrong?
- James Thomson
US job growth accelerates in November, denting rate cut bets
Non-farm payrolls increased by 199,000 jobs last month, the jobless rate slipped to 3.7 per cent and wages increased 0.4 per cent.
- Updated
- Lucia Mutikani
Chemist Warehouse’s $10b moment, Woodside Santos ‘love story’, the other recession
In this week’s episode, James and Anthony dive into a staggering burst of deal-making with Chemist Warehouse, Woodside and Santos.
RBA dual mandate tweak could mean higher rates for longer
Jim Chalmers has axed a proposal requiring the RBA to give “equal consideration” to employment and inflation, in an agreement that may mean rates are higher for longer.
- Updated
- Michael Read
Munger’s magic | Why deals are dying | CEO pulse check
In this week’s episode, James and Anthony farewell one of the investment world’s greatest showmen, look at why deals are falling apart, and check the pulse of the economy.
November
Calls to add Seek and LinkedIn to government employment services
Australia’s $7.1 billion employment services system no longer represents a coherent or efficient mechanism to help job seekers find work, a review has found.
- Updated
- Tom McIlroy
- Opinion
- Australian economy
Does the Reserve Bank’s ‘narrow pathway’ to a soft landing exist?
The central bank aspires to bring inflation down while maintaining close to full employment. But this is not how things have worked out in the past.
- Paul Bloxham
- Opinion
- Chanticleer
Infrastructure clean-up warranted as migration keeps jobs market hot
Cleaning up the bloated infrastructure pipeline will help take some heat out of the economy.
- James Thomson
Outlook for jobs market looking increasingly challenging
Workforce participation hit a record last month, driven by a record result for women, but while many people found employment almost 28,000 joined the dole queue.
- Updated
- Ronald Mizen
Employment jumps; 50 axed projects listed; Rival raids law firm
Read everything that’s happened in the news so far today.
Found: ABS uncovers extra 270,000 government workers
A new way of calculating the size of the public sector has revealed the headcount is 270,000 larger than had been recorded.
- Updated
- Tom Burton
Chefs and secretaries are in high demand. Bankers not so much
White-collar job openings have sunk below pre-pandemic levels, while advertisements for low-paid retail and hospitality positions boom.
- Michael Read
- Analysis
- Inflation
What can inflation-strugglers learn from inflation-killers?
Start with the problem countries. In Australia, our worst performer, the labour market is on fire.
- The Economist
ASX to rise as jobs data tests rates outlook
Australian shares are set to open higher on Monday, ahead of a flurry of economic indicators that are set to test the Reserve Bank’s first batch of forecasts.
- Updated
- Joshua Peach
- Exclusive
- Jobs
Sea safety at stake in contract row
A company’s 22-year connection to maritime navigation looks uncertain after a government agency changed its tender process.
- Ronald Mizen
US employers scale back hiring in October
US futures turned positive as the report underscored investor expectations that the Federal Reserve was done with its tightening campaign.
- Paul Wiseman
US jobless claims rise moderately as Q3 productivity surges
The United States’ labour market continues to defy the economic downturn, though unemployment rose to the highest in six months.
- Lucia Mutikani
October
Burke agrees to amend IR bill to ensure regular work for casuals
Employers had raised concerns that new laws in the Closing the Loopholes bill would mean business could not engage casuals on a regular basis.
- David Marin-Guzman