Reuters

Jobless rate down to 5.1%

The Australian unemployment rate decreased 0.2 percentage points to 5.1 per cent (seasonally adjusted) in August, according to official data released today.

A man is reflected in the sign outside the Australian Securities Exchange building in central Sydney

Labor minister calls for transparancy under new government

The minority government established by the Labor Party should be the least concern of the financial markets since it is bound to operate in a transparent manner, according to Employment Minister Simon Crean when he spoke with reporters on Thursday.

Jobless rate down to 5.1%

The Australian unemployment rate decreased 0.2 percentage points to 5.1 per cent (seasonally adjusted) in August, according to official data released today.

WA mines minister urges mining firms to press fight against MRRT

Western Australia’s mining minister has enjoined the state’s resource industry to sustain its campaign against the proposed minerals resource rent tax proposed by the federal government.

ABARE-BRS reports near record exports

Two recently merged bureaus tagged the mineral and energy exports during the June 2010 quarter as the second highest on record.

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In Focus

Sydney struggles to stay Aussie's No. 1 city

07:21 PM ET

Ten years after the 2000 Olympics, Sydney faces the competition with Melbourne for the role of the top city in the country.

Currency

Stronger jobs data send A$ to four-month high

11:49 PM ET

The Australian currency reached a four-month high on Thursday noon after gaining almost half a US cent on the release of better-than-expected employment figures.