Unemployment drop to 4.1% strengthens likelihood of February RBA interest rate hike

A stronger than expected jobs rebound in December adds pressure for a February rate hike.

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Communities in Victoria are coming together following the bushfires in areas near Yea and Alexandra, supporting their neighbours and emergency services as the recovery begins.

Rural Aid CEO John Warlters explains how it supports farmers in the early stages of recovery, and then steps in with practical help when it’s needed most.

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Unemployment drop to 4.1% strengthens likelihood of February RBA interest rate hike

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Find out more about the help Commonwealth Bank can provide to Australians in need.

Emergency assistance
Rural Aid receives $100,000 donation from CommBank to provide help to Victorian farmers as they face urgent livestock and recovery pressures.

Emergency assistance
Special arrangements are in place to assist customers who may need additional support in Queensland.

Emergency assistance
Special arrangements are in place to assist customers who may need additional support across Victoria.

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Insights, explainers and features exploring the economy and the latest financial news.

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Michele Bullock

Economy
Faster growth and stubborn price pressures mean a small rate rise may be coming early in the new year, CBA economists say.

 

Economy
Japan’s central bank has lifted interest rates to a 30-year high, a shift that could strengthen the yen and unsettle global markets.

Technology
CBA’s new monthly indicator offers an early read on shifting labour-market conditions.

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