ASX tumbles as stronger jobs figures quash rate cut prospects

ASX slumps 1.4pc as fading rate cut hopes smash tech, bitcoin

Investors are fleeing some of the hottest pockets of financial markets amid doubts about monetary easing in the US and Australia.

Strong jobs result for WA as national market tightens

Western Australia’s jobs market is among the best in the country as new figures vindicate the Reserve Bank’s decision to hold interest rates in November.

CEO Series: Xero's Sukhinder Singh Cassidy & ASX tumbles on jobs gain

SBS Finance Editor Ricardo Gonçalves speaks with Xero CEO Sukhinder Singh Cassidy following the accounting software group's 42% rise in half-year profit to find out where growth is coming from and how it is using AI; Devika Shivadekar from RSM Australia goes through the better-than expected labour force report to explain what it means for interest rates; plus the market reaction with Zoran Kresovic from Blueberry Markets.

Rate cut hopes evaporate with healthy jobs figures

Shares have plunged and the Aussie dollar has soared after surprisingly robust jobs figures showed the economy is...

ASX tumbles as stronger jobs figures quash rate cut prospects

The local share market takes another leg lower as labour force figures pour cold water on rate cut expectations. The corporate watchdog reveals its 2026 enforcement priorities, vowing to protect consumers from financial harm. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.

ASX Today: Australian Shares Slip 0.5% as Jobs Beat Cools Rate‑Cut Hopes; Xero Sinks, Domino’s & Lithium Surge — 13 November 2025

ASX Today: Australian Shares Slip 0.5% as Jobs Beat Cools Rate‑Cut Hopes; Xero Sinks, Domino’s & Lithium Surge — 13 November 2025 - TechStock²