Comment on RBA Monetary Policy Board member refutes on-going claims from the RBA governor about unemployment by John Armour
What with Chalmers and the mainstream media today announcing an "improvement in the budget bottom line" (a reduction in the deficit!) and tomorrow's interest rate rise, we may well ask what planet are we living on. It must be becoming obvious that the "stickiness" in the inflation rate that the RBA obsesses over is entirely of its own making.