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DEVELOPING — SINGLE SOURCE, NOT YET CORROBORATED

Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals

22 Oct 2026, 11:30 UTC · 1 source
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🚨 CHALMERS FLAGS WEAKER GROWTH AND HIGHER UNEMPLOYMENT Jim Chalmers says December’s mid-year budget update will project weaker growth and higher unemployment. Treasury is revising all the numbers for the update. A senior Reserve Bank official foreshadowed the potential for another interest rate hike in under two weeks’ time. Source: The Guardian #JimChalmers #economy #unemployment #growth

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