Vital Signs. The RBA wants to cut unemployment, and nothing — not even soaring home prices — will stand in its way
- Written by Richard Holden, Professor of Economics, UNSW
Ahead of the definitive official read of the economy from the treasury in the budget on Tuesday, the Reserve Bank has given us two special insights into its own thinking in the space of 14 hours.
They suggest that (first) the economy is improving, and (second) the bank is not going to let up on driving that improvement, not for anything —...