Murray Olds: Australian correspondent on Australia's unemployment rate continuing to climb for July

Best of Business · Aug 20, 2026 · 5m · transcript

Australia’s seasonally adjusted unemployment reached 4.5 percent in July, according to new reports.

This is an increase from June's figure of 4.4 percent - and it's the highest level of overall unemployment since the days of the Covid-19 pandemic.

Australian correspondent Murray Olds says this could encourage the RBA to potentially bring interest rates down.

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