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New data from the Australian Bureau of Statistics shows that more Australians than ever have had to work multiple jobs amid a cost-of-living crisis. The ABS estimates that 947,300 Australians worked multiple jobs in March, which is a new record. Experts say the costs of goods and stagnant wages are pushing people into multiple jobs just to afford the essentials.
Ms Murphy said the surprise inflation result takes the pressure off central bankers to hike interest rates in August.
Exclusive shows Coles and Woolworths have fattened profits compared with UK peers, music world mourns Irish singer, and Kevin Spacey cleared
Groups who benefited from strong jobs growth will be the first to lose work come a recession
The Reserve Bank deputy governor’s assessment that unemployment was ‘too low’ to tame inflation drew anger from unions. But was it correct?