Job numbers for Australia, and for Karl Stefanovic
6/25/202624 min
It's been a big week for economic data - with fresh jobs numbers in from the ABS, showing that employment increased in May.
But how do these numbers relate to the bigger economic picture in light of yesterday’s CPI data and the RBA's July decision?
And while the data says that some Aussies are starting jobs, another media shake-up appears to be brewing. What do you need to know about media reports that Today host Karl Stefanovic is expected to leave Channel Nine?
Meanwhile APRA has issued an AI warning to Australia's financial institutions. What's behind the regulator's message to 'fight fire with fire?'
Carrington Clarke and ABC Finance journalist Alicia Barry break it all down on ABC Business Daily.
Tune into the Business, weeknights on ABC iview.
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First 90 secondsCarrington Clarke· Host0:00
[upbeat music] ABC Listen, podcasts, radio, news, music, and more.
Patricia Karvelas0:05
[upbeat music] Hi, I'm Patricia Karvelas, the host of Politics Now. And sometimes it can be hard to cut through all the noise from the Canberra bubble, but on the Politics Now podcast, bursting it wide open is our core business. I'm joined by the brightest minds at the ABC to break down the poli-speak and have a chat about what's actually going on behind the scenes. It's called Politics Now, and you can find it on ABC Listen.
Carrington Clarke· Host0:35
So we have some fresh data from the Australian Bureau of Statistics, which shows employment rising in May. But when we look at the numbers closely, what story do they show about the state of employment in Australia, and how do they relate to the bigger economic picture in light of yesterday's CPI data? And while some Aussies are starting jobs, another media shakeup appears to be brewing with reports that Today Show host Karl Stefanovic might be about to leave Channel Nine. Welcome to ABC Business Daily. [upbeat music] I'm Carrington Clark.
Alicia Barry· Guest1:12
And I'm ABC finance journalist and host of The Business on Thursdays, Alicia Barry.
Carrington Clarke· Host1:18
G'day, Alicia. Thanks for joining. Uh, it's never particularly nice to talk about other media people potentially leaving their employment, although it's unclear at the moment whether or not Karl Stefanovic might