Shock jobs figures delay rate cuts, social media to pay for content, Musk hits $US400b

Friday 13 December 2024

Australia’s unemployment rate falls back to 3.9 per cent, pretty much wiping out any chance of an interest rate cut in coming months. 

And more, including:

• The federal government will force social media giants to pay publishers hundreds of millions of dollars for content

• Elon Musk becomes the first person to be valued at over $US400 billion

• Virgin Australia begins selling long haul flights, putting some competition into the market, and private equity money hits the NFL in the US

Plus don’t miss the latest episode of How Do They Afford That? - summer side hustles for adults and kids. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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