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The New Daily

Matthew Elmas

‘Resilient’ jobs market foreshadows more interest rate hikes, economists say

Sean Langcake RBA Callam Pickering Cherelle Murphy Inflation the Reserve Bank

10 News First – Disclaimer

Australia’s jobs market showed little signs of slowing in March despite almost a year of interest rate hikes, sparking fresh warnings from economists that the Reserve Bank will return to raising mortgage bills.

An estimated 53,000 jobs were added to the economy in March, ABS data published on Thursday revealed, with the unemployment rate staying near a 50-year low at 3.5 per cent.

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2 people killed, including a student, after Florida school bus rolls over in crash

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We Got This Covered

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One subscription that gives you access to news from hundreds of sites

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