Business
ASX stretches out rally on $8b bank bonanza – The Australian Financial Review
The ASX closed up 0.9pc after another strong session for the banks. Amcor gained solidly after a surge in first-half profit, Virgin Money spiked 15pc after issuing…
New Zealands seasonally adjusted unemployment rate dropped to 4.9 per cent in the December 2020 quarter, from 5.3 percent in the September 2020 quarter, according to Stats NZ.
The reading beat economist forecasts for a jobless rate of 5.6 per cent in the quarter.
Despite the December quarters drop, unemployment is still higher than it has been in a few years. This time last year, the unemployment rate was at 4.1 percent, said Becky Collett at Stats NZ.
On a seasonally-adjusted basis, the number…
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