Central bank chiefs could set the table for an interest rate cut when they speak after a shock unemployment jump.

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Reserve Bank Governor Michele Bullock and key lieutenant Brad Jones will address events this week, a fortnight before they meet and ponder a fourth interest rate cut for 2025.

Australia's jobless rate jumped to 4.5 per cent in September, the four-year high far exceeding predictions from analysts and economists.

Heightened expectations of an interest rate put the local share market into overdrive and record its highest-ever close on Thursday.

A cut would be welcome news for the Australian Council of Social Service, which pointed

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