The unemployment rate increased to 4.3% in June, well above forecasting from the major banks as well as the RBA.

This is an audio transcript of the FT News Briefing podcast episode: ‘US investment banking is so back’ ...

Asian markets reacted cautiously to these developments. Japan’s Nikkei 225 slipped 0.46%, South Korea’s Kospi declined 0.79%, and Topix remained flat. Australia’s ASX 200 stood out with a 0.54% gain, ...

Consumer Price Index (CPI) inflation at 4% and GDP growth at 6.5%, aided by a good monsoon and soft commodity prices, despite global risks and slowing credit growth.

Falling real wages, higher living costs, increasing unemployment and homelessness are all intensifying amid growing class inequality.

The jump in the jobless rate appears to have all but locked in a rate cut in August, after the RBA shocked the market by ...