Australia cut unemployment faster than anyone predicted – why stop now?
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
shutterstockIf you told someone a year ago unemployment was about to dive below 5%, to just above 4%, they wouldn’t have believed you.
If that person was an expert, and you said it would happen despite a Delta outbreak and lockdowns in our two biggest states, they might have said you had little idea of how the economy worked.
At the beginning...
