Unemployment Remains Steady

LATEST AUSTRALIAN BUSINESS NEWS

The latest unemployment figures released yesterday show that Australia’s unemployment rate has remained steady at 5.1%.

This figure has kept the unemployment rate at a 28 year low.

Coupled with continuing good economic growth at around 3% and a 2005/2006 budget that will increase the level of disposable income through tax-cuts, there is some concern that interest rates might rise sometime over the next 6 months.

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David

editor@agarcarlyon.com