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SBS On the Money: Why interest rates may rise in August despite a lift in the jobless rate

SBS On the Money

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On the Money

On the Money Source: Getty, SBS

Australia's unemployment rate rose to 4.1% in June but the odds of an official interest rate rise in August also lifted as a result. SBS Finance Editor Ricardo Gonçalves speaks with Alex Joiner from IFM Investors and Matt Wacher from Morningstar to explain why.

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Presented by Ricardo Gonçalves

Source: SBS News

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Australia's unemployment rate rose to 4.1% in June but the odds of an official interest rate rise in August also lifted as a result. SBS Finance Editor Ricardo Gonçalves speaks with Alex Joiner from IFM Investors and Matt Wacher from Morningstar to explain why.

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