Australia’s unemployment rate has risen from 3.5% to 3.7%, meaning 36,000 people joined the unemployment queue in July. That was more than expected and contributed to a dip in the Aussie dollar/stock market. One positive thing if you’re a mortgage holder who kept their job/isn’t heavily invested in shares – economists reckon it squashes the chance that the Reserve Bank would hike interest rates next month because it’s more evidence the economy is cooling. Also, many borrowers are coming off low fixed interest rates in the coming weeks – and some analysts are worried the Aussie economy is in for tougher times. China is part of that equation because it’s still our biggest trading partner – and after recent troubling economic data, it’s been accused of hiding bad figures and gagging economists from talking. It’s something to keep an eye on…