41:I[185,["/_next/static/chunks/3xnt26d00_zk-.js","/_next/static/chunks/1s-yni1uf2lwd.js","/_next/static/chunks/42spz6paskvb6.js","/_next/static/chunks/06x30xgfe6iur.js","/_next/static/chunks/3b4qrzgkt_l12.js","/_next/static/chunks/15lgs8s22dk5l.js"],"SendEmailButton"] 47:I[45269,["/_next/static/chunks/3xnt26d00_zk-.js","/_next/static/chunks/1s-yni1uf2lwd.js","/_next/static/chunks/42spz6paskvb6.js","/_next/static/chunks/06x30xgfe6iur.js","/_next/static/chunks/3b4qrzgkt_l12.js","/_next/static/chunks/15lgs8s22dk5l.js"],"SignupCTA"] 3b:["$","div",null,{"className":"flex flex-wrap items-center gap-x-4 gap-y-1 font-mono text-[12px] uppercase tracking-[0.1em] text-[color:var(--fg-3)]","children":[["$","time",null,{"dateTime":"2026-02-20T00:36:00.000Z","children":"February 20, 2026"}],["$","span",null,{"aria-hidden":true,"children":"·"}],["$","span",null,{"children":"00:43:29"}],false]}] 42:T445,

In this episode of Relative Return Insider, host Keith Ford is joined by AMP chief economist Shane Oliver to break down the latest Australian jobs and wages data, what a still‑tight labour market means for inflation and RBA rate hikes, and how households are really faring in the cost‑of‑living squeeze.

They also look at why the ASX is hitting new highs despite valuation risks, and scan key geopolitical flashpoints – from Iran and oil prices to possible US tariff changes – that could rattle markets in the months ahead.

Tune in to hear:

Why steady unemployment, strong full‑time job growth, and a slightly lower participation rate are keeping conditions a little tight.
How real wages in the negative but broader earnings measures and strong employment suggest households overall are OK, not fantastic.
What is driving the ASX to record highs, and where potential geopolitical flashpoints could impact markets.

43:T5ac,