Australia churns out more jobs in May

Better-than-expected result reduces rate cut possibility.

According to BBVA, Australia unexpectedly created more jobs in May, reducing the likelihood of a rate cut by the Reserve Bank of Australia (RBA) at its next policy meeting on July 2.

Employment increased by 1,100 (consensus: -10,000). But with the participation rate declining, the employment stayed flat at 5.5% (consensus: 5.6%). The RBA cut the policy rate to a historic low of 2.75% in May, for a total of 200 bps rate cut since November 2011, the research firm noted further.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia