Sbs Hindi - Sbs

In September, Australia’s jobless rate rose from 4.2 per cent to 4.5 per cent, according to ABS data. Labour force figures will be key for the RBA in deciding whether to cut the 3.6 per cent interest rate at its next meeting on 4 November, Melbourne Cup day. Experts suggest the latest unemployment data could lead to another rate cut in 2025. In this podcast, we explore whether another cut is likely.