EPISODE · May 22, 2026 · 6 MIN
How a surprise jump in unemployment could force an aggressive RBA U-turn
from 4BC Mornings · host 4BC
Following a surprise jump in Australia's unemployment rate to 4.5%, economist Leith van Onselen joined Jason Matthews on 4BC Mornings to warn of a looming recession that could force the RBA to cut interest rates next year. The interview also explored how small businesses are struggling with inflation and AI threats, while a pullback in government-funded NDIS jobs threatens to worsen the labour market slump.See omnystudio.com/listener for privacy information.
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How a surprise jump in unemployment could force an aggressive RBA U-turn
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