8 result(s) for “Labour”
National Australia Bank confirmed plans to cut up to 2,500 internal roles, triggering staff backlash and union warnings that the move signals a structural shift in Australia’s banking employment as technology and cost pressures mount.
Reserve Bank of Australia Deputy Governor Andrew Hauser said on Oct 21 the inflation outlook had deteriorated, lifting market odds of a fifth rate rise and forcing businesses and consumers to reassess borrowing and pricing plans ahead of the RBA meeting on November 3.
New data from the Commonwealth Bank and the Regional Australia Institute shows capital-to-regional migration in the June quarter matched the June 2021 record, with LGAs in northern Queensland among the fastest growing destinations. The shift is reshaping housing demand, local labour markets and business prospects across regional Australia.
The Reserve Bank of Australia on October 16 published an overview and draft papers from its 2026 research conference, spotlighting how central bankers should weigh inflation control against output and employment when supply shocks and global uncertainty persist.
New Australian Bureau of Statistics figures released October 15 show the national unemployment rate rose to 4.7 percent in September after a sharp drop in employment, reigniting concern about the economy ahead of looming political and monetary decisions.
Minutes from the Reserve Bank of Australia meeting in late September, released today, say inflation remains too high and identify a mix of global and domestic drivers, reinforcing expectations of higher for longer interest rates and adding pressure on households, businesses and financial markets.
On October 11, 2026, Australia’s business lobby groups intensified warnings that the government’s recent measures to curb temporary migration will squeeze labour supply, raise costs for employers and slow growth, after a fresh round of detail and industry reactions emerged.
Australia’s central bank and financial markets are contending with a fresh inflation impulse from rapid adoption of artificial intelligence, a development economists say makes further Reserve Bank rate rises plausible despite recent tightening and a cooling housing market.