Unemployment probably does need to climb … for now

The Sydney Morning Herald - Oct 1, 2026

The Reserve Bank is not out to get people fired. But it needs to be careful about the direction it’s taking.

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More News

Broken Hill bags remnant gold ahead of SA mine restart
Oct 1, 2026

Broken Hill bags remnant gold ahead of SA mine restart

Broken Hill Gold has poured an extra 174 gold ounces from its White Dam heap leach project in South Australia, with proceeds to fund the restart of mining at its Vertigo pit.

Fuel giant Ampol zooms past Tesla as Australia’s top EV charger owner
Oct 1, 2026

Fuel giant Ampol zooms past Tesla as Australia’s top EV charger owner

Australia’s top petrol and diesel supplier has raised its bet on the shift to EVs with a deal to triple the size of its fast-charging network.

CBA commits to cash and will keep hundreds of regional branches open until 2030
Oct 1, 2026

CBA commits to cash and will keep hundreds of regional branches open until 2030

The two pledges come as foot traffic to branches and cash usage by Australians continues to fall.

NeuroScientific specialist hire sets stage for major Crohn’s trial
Oct 1, 2026

NeuroScientific specialist hire sets stage for major Crohn’s trial

NeuroScientific Biopharmaceuticals has hired Southern Star Research for a phase two trial of its StemSmart Crohn’s disease therapy in Australia and the US.

An office chat about ‘Wharfie Time’ upset a colleague. What went wrong?
Oct 1, 2026

An office chat about ‘Wharfie Time’ upset a colleague. What went wrong?

Sometimes a water cooler conversation about a weekend event, or a premature celebration of a seemingly certain victory, can go sideways.

Augustus locks onto multiple gold zones near Leonora in WA
Oct 1, 2026

Augustus locks onto multiple gold zones near Leonora in WA

Augustus Minerals has defined two open-ended, higher-grade gold shoots at its Music Well project in WA’s gold-rich Leonora district, with assays from recent drilling pending.

Cash discounts and refunds: Your card surcharge ban cheat sheet
Oct 1, 2026

Cash discounts and refunds: Your card surcharge ban cheat sheet

What’s changing, what businesses can and can’t display, how to get a discount or a refund, and more. Here’s everything you need to know about the new regime.

Flagship tables huge Thai tungsten target
Oct 1, 2026

Flagship tables huge Thai tungsten target

Flagship Minerals has outlined a monster 40Mt high-grade tungsten exploration target at Khao Soon in southern Thailand, adding serious scale to its global portfolio.

Lindian powers up Malawi rare earths as production looms
Oct 1, 2026

Lindian powers up Malawi rare earths as production looms

Lindian Resources has switched on grid power at its Malawian rare earths project, hitting a key milestone ahead of schedule and under budget.

Donald Trump’s war on the world faces a lethal blow
Oct 1, 2026

Donald Trump’s war on the world faces a lethal blow

The US president’s latest attempt to create a global tariff regime is being tested by the same panel of judges that deemed his previous attempts illegal. He may have to start again.

ASX cops a $60b hit with few places to hide for investors
Oct 1, 2026

ASX cops a $60b hit with few places to hide for investors

The Australian sharemarket has endured a savage session as it contended with the downside of a US economy that keeps powering through its many challenges.

‘Quite ill-prepared’: Shops scramble to meet new card surcharge ban
Sep 30, 2026

‘Quite ill-prepared’: Shops scramble to meet new card surcharge ban

Business lobby groups warn that some Australians will encounter card payment surcharges at the checkout despite a ban on the practice coming into effect.

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