Aura Group says Australia jobless rate rises to 4.6%, keeping RBA hike odds elevated

• Aura Group’s weekly private credit note flagged a cooling in Australia’s labor market in August, with unemployment rising to 4.6%.
• Employment still increased by 39,500, while the participation rate climbed to 67.1%, lifting joblessness as labor supply expanded.
• Part-time gains offset a smaller fall in full-time roles, signaling softer labor demand as firms cut hours rather than headcount.
• Market pricing still implied a 96% chance of an RBA rate rise at next week’s September meeting.
• Governor Michele Bullock indicated unemployment may need to rise toward 5% to ease domestic inflation pressure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aura Group Holdings Pte Ltd. published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.