Healthy jobs numbers to keep RBA on the sidelines
Roughly 47,000 new jobs were created in the Australian economy in August and the unemployment rate held firm at 4.2 per cent.
Roughly 47,000 new jobs were created in the Australian economy in August and the unemployment rate held firm at 4.2 per cent.
Food and beverage businesses are failing at the highest rate of all industries tracked by credit reporting bureau CreditorWatch.
Consumers opened their wallets last month for trips to the hardware store for Father's Day gifts as well as splurging on celebrations at pubs and restaurants.
Reserve Bank governor Michele Bullock says it's still premature to be thinking about interest rate cuts as she rams home the dangers of high inflation.