{"id":743551,"date":"2026-08-20T01:56:14","date_gmt":"2026-08-20T01:56:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/743551\/"},"modified":"2026-08-20T01:56:14","modified_gmt":"2026-08-20T01:56:14","slug":"markets-live-updates-australias-debt-hits-1-trillion-as-us-debt-passes-us40-trillion-threshold","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/743551\/","title":{"rendered":"Markets live updates: Australia&#8217;s debt hits $1 trillion as US debt passes $US40 trillion threshold"},"content":{"rendered":"<p>Thu 20 Aug 2026 at 11:48amThu 20 Aug 2026 at 11:48am<\/p>\n<p>AUD drops following rising unemployment rate<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-fd731455-4dce-4016-8b68-e56eb091d550.jpeg\" alt=\"Yiying Li profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">The Australian dollar dipped 0.2% to 71.11 US cents.<\/p>\n<p class=\"paragraph_paragraph___QITb\">This follows the disappointing unemployment rate release by the ABS, which rose to 4.5% in July from 4.4% in June.<\/p>\n<p>Thu 20 Aug 2026 at 10:19amThu 20 Aug 2026 at 10:19am<\/p>\n<p>ASX trading higher\u2014 let&#8217;s break it down<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-1823300a-718e-40fa-9500-669aa04c4964.png\" alt=\"Adelaide Miller profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">The Aussie share market has begun Thursday morning trading up +0.5% to 9,095 points.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Of the major sectors, Basic Materials is up the top, while Financials is down the bottom.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-d85b21d1-6888-47b4-aee7-5f89b9d6d39f.png\" alt=\"\" class=\"image_fluidImage__Sg10H\" data-component=\"LiveBlogPostImg\"\/>ASX 200 sector summary (LSEG)<\/p>\n<p class=\"paragraph_paragraph___QITb\">Of the top movers, Zip Co Limited is trading up a massive +16.9%<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-31415d3e-7e7c-4ba8-8b17-558bc422ae45.png\" alt=\"\" class=\"image_fluidImage__Sg10H\" data-component=\"LiveBlogPostImg\"\/>ASX 200 top movers (LSEG)<\/p>\n<p class=\"paragraph_paragraph___QITb\">Of the bottom movers, infrastructure services company\u00a0Downer EDI is trading down -10.6%.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-15952bf9-1897-4f06-ab94-3f0d7973b9a5.png\" alt=\"\" class=\"image_fluidImage__Sg10H\" data-component=\"LiveBlogPostImg\"\/>ASX 200 bottom movers (LSEG)<\/p>\n<p class=\"paragraph_paragraph___QITb\">The Aussie dollar is trading above 71 US cents.<\/p>\n<p>Thu 20 Aug 2026 at 8:45amThu 20 Aug 2026 at 8:45am<\/p>\n<p>Business leaders urge focus on skills not numbers in migration debate<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-1823300a-718e-40fa-9500-669aa04c4964.png\" alt=\"Adelaide Miller profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">Political pressure is mounting for drastic migration cuts, with One Nation and the Coalition arguing the government&#8217;s current permanent migration intake is too high.<\/p>\n<p class=\"paragraph_paragraph___QITb\">But business leaders warn this could result in critical worker shortages in areas ranging from aged care to construction, and is urging the public debate to shift away from numbers.<\/p>\n<p class=\"paragraph_paragraph___QITb\">You can read the full piece from business reporter Nassim Khadem below:<\/p>\n<p>Thu 20 Aug 2026 at 8:30amThu 20 Aug 2026 at 8:30am<\/p>\n<p>ICYMI: Wednesday finance with Alan Kohler<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/lcimg-1823300a-718e-40fa-9500-669aa04c4964.png\" alt=\"Adelaide Miller profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">Shares in the Chinese robot company, Unitree Robotics, jumped more than 600% when it floated yesterday.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Here are the headlines from yesterday with Alan Kohler.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Thu 20 Aug 2026 at 11:48amThu 20 Aug 2026 at 11:48am AUD drops following rising unemployment rate 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