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Our estimates suggest we can get Australia's unemployment down to 3.3%

  • Written by Ian Martin McDonald, Emeritus Professor, The University of Melbourne
Our estimates suggest we can get Australia's unemployment down to 3.3%MIA Studio/Shutterstock

At last, the government and the Reserve Bank are singing from the same song sheet. Both say they will keep supporting the economy (the government with big deficits, the Reserve Bank with ultra-low interest rates) until the unemployment rate is well below 5%.

Australia’s leading economists back them.

Of the 60 leading...

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