Unemployment in Australia reaches 4.7%, its highest in nearly five years

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Published 15 Oct 2026, 01:53 BST1 min read

File photograph: The Australian flag above Parliament House in Canberra. Marcus Reubenstein / Unsplash. Illustrative context, not a photograph of this reported event.

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The total number of employed Australians dropped by 39,300 jobs in the month, a surprise for economists who had expected employment to rise

Read the original report at theguardian.com.

Read in depth: Business

A petrol pump and payment terminal at a service station.

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US diesel costs squeeze freight firms as New Zealand petrol tops NZ$4 a litre

Federal Reserve district accounts describe pressure on US trucking margins and grocery transport costs, while RNZ reports a sharp rise in New Zealand pump prices.

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SuperDraco rocket engine firing during a test at SpaceX’s McGregor, Texas, facility.

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Tesla Roadster flight demonstration sparks memes and regulatory questions

Tesla showed an unoccupied Roadster leaving the ground at a Texas test facility. Online jokes followed, while aviation experts raised questions about operating such a vehicle.

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theguardian.com

Source headline and summary supplied via Currents News API. First collected by NewsJaws on 2026-10-15. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.