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Advertisement Major banks are warning up to 300,000 jobs in Sydney will be lost due to extended pandemic lockdowns, as prices for staples such as fruit, vegetables and petrol rise at double the rate of wages growth. The Commonwealth Bank is predicting almost one in 10 workers in greater Sydney will become unemployed and the ANZ now expects earlier forecasts of tens of thousands of job losses to be exceeded. The queue for Centrelink stretches down the street during Sydney’s lockdown. Credit:Janie Barrett Inflation has climbed to its highest level since before the global financial crisis, rising 0.8 per cent in the September quarter. This takes annual inflation to 3.8 per cent, Australian Bureau of Statistics data shows, which is the highest annual rate since 2008 when petrol prices surged to $US150 a barrel.

New south walesAustralian capital territoryFelicity emmettJennifer dukeParliament houseCyclone niranReserve bankSydney morning heraldSydney morningபுதியது தெற்கு வேல்ஸ்ஆஸ்திரேலிய மூலதனம் பிரதேசம்வாழ்த்து எமெட்ஜெனிபர் டியூக்பாராளுமன்றம் வீடுஇருப்பு வங்கிசிட்னி காலை ஹெரால்ட்