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Jobs Report Sparks Rate Uncertainty | Australia News
Published 6 days, 14 hours ago
Description
New jobs rose, but unemployment held steady as more people joined the job hunt — a sign of rising cost-of-living pressure. For homeowners, this could mean mortgage rates stay put next month, though economists are split: one expects inflation to ease and rates to pause, while another insists hikes are still needed. The Reserve Bank governor’s clear message? No rate cuts in sight — inflation’s still the big concern.
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