Overall Australian unemployment and under-employment at 3.49 million in January; Real Unemployment surges to 1.82 million

Original article by Roy Morgan
Market Research Update – Page: Online : 18-Feb-26

In January 2026, Australian ‘real’ unemployment increased 149,000 to 1,818,000 (11.2% of the workforce, up 0.8%), although under-employment dropped 111,000 to 1,676,000 (down 0.8% to 10.3%). Roy Morgan estimates the overall workforce size (which adds together the employed and unemployed) at a record high just above 16.2 million in January – 16,212,000 to be exact, up 115,000 on a month ago, and representing 69.6% of Australians aged 14+. Australian employment trends followed the usual workforce movements after Christmas with part-time employment down 206,000 to 5,073,000 after the end of the Christmas retailing season with many temporary jobs, and equivalent to 35.2% of employed Australians. In addition, full-time employment increased 173,000 to 9,321,000, and equivalent to 64.8% of employed Australians. This led to overall employment dropping 34,000 to 14,394,000.

CORPORATES
ROY MORGAN LIMITED

ANZ-Roy Morgan Consumer Confidence virtually unchanged at 77.1 in mid-February – remains near two-year lows

Original article by Roy Morgan
Market Research Update – Page: Online : 18-Feb-26

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 77.1 in the week to 15 February, near the more than two-year low reached a week ago; it is now 8pts lower than a year ago (85.1), and 3.3pts below the 2026 weekly average of 80.4. Analysis by State shows shows mixed results, with Consumer Confidence up in Victoria, Queensland, and South Australia, down in Western Australia, and virtually unchanged in New South Wales. Now 18% of Australians (up 2ppts) say their families are ‘better off’ financially than this time last year, while 45% (down 2ppts) say their families are ‘worse off’. Looking forward, only 22% (unchanged) of respondents expect their family to be ‘better off’ financially this time next year (the equal lowest figure for this indicator since July 1989), while 37% (up 2ppts) expect to be ‘worse off’. Only 7% (down 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 37% (down 1ppt) expect ‘bad times’. Meanwhile, 20% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 40% (up 1ppt) say now is a ‘bad time to buy’.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Taylor’s purge of frontbench rewards conservative backers

Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 18-Feb-26

Opposition leader Angus Taylor says his frontbench reshuffle marks a "fresh beginning" for the Coalition. Six members of the Liberal Party’s conservative faction have been promoted to the shadow cabinet, including Jacinta Price, Andrew Hastie and Sarah Henderson. Meanwhile, Tim Wilson has been shifted to the treasury portfolio and Clare Chandler will take on the finance portfolio. Four moderates have been demoted to the outer shadow ministry and four will join the backbench. Taylor has also reinstated the portfolios of Nationals frontbenchers who had been ‘sinbinned’ by Taylor’s predecessor Sussan Ley after they voted against Labor’s hate speech laws.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Albanese’s message for ISIS brides: no sympathy and expect full force of the law

Original article by Ben Packham
The Australian – Page: 1 & 5 : 18-Feb-26

Opposition Leader Angus Taylor says the latest group of so-called ISIS brides in Syria who are seeking to return to Australia should not be allowed to do so. He contends that "the door must be shut" to people who do not believe in Australian values, and he has called for transparency from the federal government regarding its management of the 34 women and children. Prime Minister Anthony Albanese has stated that the government is "providing absolutely no support" to the ISIS brides and is not repatriating them. He adds that the cohort will "face the full force of Australian law" if they return and are found to have committed any offences. A spokesman for Home Affairs Minister Tony Burke has indicated that he is getting advice as whether some of the 11 women and 23 children can be barred from Australia via temporary exclusion orders.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF HOME AFFAIRS

Doctors fees revealed as bulk billing spikes

Original article by Natasha Robinson
The Australian – Page: 1 & 4 : 11-Feb-26

Data from the federal government shows that 3,412 medical clinics nationwide now offer full bulk-billing, an increase of nearly 1,300 since Labor’s reforms were introduced in November. The figures show that the national bulk-billing rate has increased by more than four percentage points to 81.4 per cent of GP consultations over the last three months. Health Minister Mark Butler says GPs and medical clinics are moving back to bulk billing because it works for patients and their practices. Meanwhile, the government will legislate to allow more data to be uploaded to the existing Medical Costs Finder website; this will enable consumers to compare out-of-pocket expenses for GPs, specialists and hospitals.

CORPORATES
AUSTRALIA. DEPT OF HEALTH, DISABILITY AND AGEING, AUSTRALIAN LABOR PARTY

ANZ-Roy Morgan Consumer Confidence drops 3.6pts to 76.9 – down over 7pts in two weeks to lowest since December 2023

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Feb-26

ANZ-Roy Morgan Consumer Confidence fell 3.6pts to 76.9 in the week to 8 February; it is now 9.8pts lower than a year ago (86.7), and 4.1pts below the 2026 weekly average of 81.0. Analysis by State shows that the Reserve Bank’s decision to raise interest rates for the first time in more than two years hit confidence everywhere, with a uniform fall in confidence across all States this week. Now just 16% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 47% (up 2ppts) say their families are ‘worse off’. Looking forward, only 22% (down 2ppts) of respondents expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator since July 1989), while 35% (down 1ppt) expect to be ‘worse off’. Only 8% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 38% (up 5ppts) expect ‘bad times’. Meanwhile, 20% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 39% (unchanged) say now is a ‘bad time to buy’.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Roy Morgan Business Confidence slumps 7.6pts to 97.4 in January – the lowest confidence rating since April 2025

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Feb-26

In January 2026 Roy Morgan Business Confidence slumped 7.6pts to 97.4, its lowest rating since April 2025 (96.7). The result followed a spike in inflationary pressures, with the official ABS annual inflation estimates for November at 3.4% (released in early January), and now jumping to 3.8% for the 12 months to December 2025 (released in late January). Business Confidence is now 12.3pts below the long-term average of 109.7, and down 10.8pts from January 2025. Now 27.2% (down 7.9ppts) of respondents say their business is ‘better off’ financially than a year ago, while 29.7% (down 2.2ppts) say the business is ‘worse off’ (the lowest figure for this indicator since June 2021). Just 33.3% (down 13.1ppts) expect the business to be ‘better off’ financially this time next year, while 24.4% (up 5.4ppts) expect the business to be ‘worse off’. Meanwhile, 34.9% (down 5.4ppts) of respondents say the next 12 months will be a ‘good time to invest’ in growing the business, while 36.9% (up 2.8ppts) say the next 12 months will be a ‘bad time to invest’.

CORPORATES
ROY MORGAN LIMITED

PM stares down Hard Left

Original article by Ben Packham, James Dowling
The Australian – Page: 1 & 5 : 11-Feb-26

Israeli President Isaac Herzog has praised the federal government’s efforts to combat anti-Semitism; however, he said the test will be in these measures’ full implementation and their outcome. Herzog also stated that he is on a mission to improve Israel’s relations with the federal government after a number of disagreements, including his nation’s right to defend itself. Meanwhile, Prime Minister Anthony Albanese has urged the people involved in violent protests against Herzog on Monday night to "turn the temperature down"; he told parliament that Herzog deserves to be treated with respect during his official visit, and stated that he will not walk away from his support for Herzog’s presence in Australia.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Taylor backers plot mass resignations as Ley’s allies invoke Turnbull hardball tactics

Original article by Paul Sakkal
The Age – Page: Online : 11-Feb-26

Opposition leader Sussan Ley is under renewed scrutiny amid growing speculation of an imminent move to oust her. Sources have indicated that Liberal MP Angus Taylor is preparing to resign from the shadow frontbench as a prelude to launching a leadership challenge. Supporters of Taylor are also believed to be planning to quit the frontbench en masse in order to put further pressure on Ley. MPs from the Liberals’ moderate and conservative factions have urged Taylor to declare his hand. Meanwhile, Ley’s supporters want her to invoke a rule that requires a majority of the partyroom to sign a petition calling for a leadership ballot. Former prime minister Malcolm Turnbull used the same rule in 2018 in an attempt to ward off a challenge by Peter Dutton; Scott Morrison won the resulting ballot.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

The Geoff Wilson model for CGT change

Original article by Matthew Cranston
The Australian – Page: 1 & 4 : 10-Feb-26

Wilson Asset Management’s founder Geoff Wilson supports changes to the capital gains tax discount for existing homes. He stresses that any such reforms must be revenue-neutral rather than a budget "cash grab". Wilson adds that CGT reforms must ensure that capital is moved from non-productive assets such as property to productive assets. He says one option would be to reduce the CGT discount for purchases of existing houses for investors to about 25 per cent while increasing the discount on investing in Australian businesses to 75 per cent. Wilson will appear before a Senate Inquiry into CGT in coming weeks. The CGT discount applies to any asset that has been held for at least 12 months.

CORPORATES
WILSON ASSET MANAGEMENT