annual growth rate

Australia’s unemployment rate could sink to a level where anyone who wants a job has one in just a matter of months.The Reserve Bank of Australia has tipped unemployment could sink well and truly into the definition of “full employment”,…

The tech sector dragged the ASX lower after Facebook’s owner delivered a disappointing result after Wall Street closed, but Nufarm was a stellar performer locally.The Australian sharemarket slid lower after the tech sector was hammered by…

Aussie drivers have been slugged by record high petrol prices but one city is copping it harder than others from all directions.A way bigger than expected surge in prices has fuelled already strong expectations of a Reserve Bank of…

Pay rises have returned to normal after the devastation caused by Covid-19, with workers in these industries benefiting the most.Wages climbed higher in the September quarter in a reversion to a “pre-pandemic” pattern, with certain…

New figures showing the strongest annual inflation growth rate in almost six years sent the ASX tumbling but it managed to claw back to finish flat.The Australian sharemarket yet again finished barely changed, with the benchmark index…