Australia news live: wreckage of missing plane found in Snowy Mountains

Jul 17, 2025 - 18:00
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Australia news live: wreckage of missing plane found in Snowy Mountains

Plane piloted by 74-year-old NSW man David Stephens believed to have crashed. Follow the latest news live

Chalmers says unemployment figures ‘unwelcome but unsurprising’, expects them to stay below 5%

The treasurer, Jim Chalmers, just spoke to RN Breakfast from the G20 summit in South Africa about yesterday’s surprising jobs data, which showed Australia’s unemployment rate rising to 4.3% in June. Chalmers said:

This is unwelcome, but it’s also unsurprising. We’ve been saying for some time, including in our own budget forecast, that we expect a modest tick up in the unemployment rate. But it remains the case that over the last three years, the labour market in Australia has been a real source of strength at an uncertain time in the world.

And here at the G20, there are only two economies, including ours, where last year we saw continued growth, inflation with a two in front of it, and unemployment in the low fours. Continue reading...

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