CBA market cap breaches $300 billion, and Australian GDP slows

CBA market cap breaches $300 billion, and Aus...

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Unemployment hits five-year high

Australia’s jobless rate reaches 4.7%, raising questions about hiring, wages and the RBA’s next move.Australia’s unemployment rate rose to 4.7 per cent in September, its highest level since October 2021. Blair Chapman, chief economist at Seek, discusses the state of the jobs mark ...  Show more

Glencore makes its ASX debut

Global mining giant rises on first day on ASXAustralian shares fell 0.6 per cent as banks led losses, with CBA down more than 2 per cent after chief executive Matt Comyn told shareholders it could take time for higher rates to bring inflation back to target. SBS Finance Editor Ri ...  Show more

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