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Australia Job Ads Accelerate

Australia’s ANZ–Indeed Job Ads rose 2.5% month -over-month in August 2026, quickening from July’s upwardly revised 1.9% gain and marking a second straight expansion. It was also the fastest pace since February, underscoring resilient labour demand despite higher borrowing costs. Seasonal hiring ahead of Christmas lifted retail and food service roles, while tech-related ads eased modestly, with softer demand in software, data, and analytics. ANZ Senior Economist Jasmine Zheng cautioned that momentum may fade as elevated rates restrain demand, expecting job ads to trend lower and unemployment to rise only modestly given the series’ resilience. Year-on-year, ads climbed 7.8% and remained 21.4% above their decade average, highlighting strength even as cyclical headwinds build.

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