Australia’s treasurer warns of softer growth, higher unemployment
Published . Updated .
Covered by 4 outlets: The Mighty 790 KFGO, WKZO, WTVB, WHTC.
SYDNEY, Oct 22 (Reuters) - Australian Treasurer Jim Chalmers will warn of softer economic growth and higher unemployment as interest rates remain high and inflation proves stubborn, according to excerpts of a speech that was reviewed by Reuters on Th...
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin+4.2%
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman+2.8%
Defense contractors get more work when conflict spending rises
- GD General Dynamics-3.4%
Defense contractors get more work when conflict spending rises
- TLT iShares 20+ Year Treasury Bond-1.8%
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond-0.9%
Treasury bonds move when yields change
- ITA iShares U.S. Aerospace & Defense-5.8%
A fund of aerospace and defense companies
- BA Boeing-6.2%
Defense and aerospace orders move with conflict spending
- LHX L3Harris-0.6%
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
Price reaction, T-5 to T+3
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Australia’s treasurer warns of softer growth, higher unemployment The Mighty 790 KFGO
Source: The Mighty 790 KFGO
Congressional trades in the stocks in this story
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 29 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 29 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 35 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Boeing (BA), worth $1,001 - $15,000 on 24 Sep 2026. That is 28 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Boeing (BA) (jointly held), worth $1,001 - $15,000 on 13 Aug 2026. That is 70 days before publication. Filed 1 Sep 2026. View the filing.
- Rep. Kevin Hern sold Boeing (BA) (jointly held), worth $15,001 - $50,000 on 13 Aug 2026. That is 70 days before publication. Filed 1 Sep 2026. View the filing.
- Rep. Richard Dean McCormick sold L3Harris Technologies (LHX), worth $1,001 - $15,000 on 30 Jul 2026. That is 84 days before publication. Filed 14 Aug 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the defense case looks
50 out of 100
“Australia’s treasurer warns of softer growth, higher unemployment” scores 50 out of 100. The score uses 4 sources.