Sunday, November 8, 2026Moscow
Economy

Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living

Latest data also shows unemployment at highest level since the pandemic, which analysts doubt will stop RBA hiking interest rates

Published
Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living

Get our breaking news email, free app or daily news podcast

Australians are “scrambling” to find more work to cover soaring living expenses and prepare for higher mortgage costs, economists say, after new data showed unemployment ticked up to it’s highest rate since the pandemic.

The key jobless figure lifted to 4.6% in August, from 4.5% the month before, according to the Australian Bureau of Statistics.

Source: The Guardian ↗

Share

More on This Story

Harrods seeks to recover abuse compensation costs from Mohamed Al Fayed’s estate
EconomyHarrods seeks to recover abuse compensation costs from Mohamed Al Fayed’s estate

Exclusive: Survivors say luxury store’s attempt to recoup money is at odds with its public acceptance of responsibility

David Batty
‘I felt shame’: former BA worker locked in legal battle after losing job of 30 years
Economy‘I felt shame’: former BA worker locked in legal battle after losing job of 30 years

Cabin crew worker was among thousands of staff laid off during pandemic in what MPs called a ‘national disgrace’

Kevin Rawlinson
London’s investment bankers and lawyers make more than £1bn in takeover frenzy
EconomyLondon’s investment bankers and lawyers make more than £1bn in takeover frenzy

Bumper fees paid in the year’s mergers and acquisitions spark anger over high City pay during cost of living crisis

Lauren Almeida
The EIA Briefing

Keep reading, every morning.

The stories that matter, chosen by our editors and in your inbox before 7 a.m. — every weekday.

No spam. Unsubscribe anytime.