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ıNarasikita22 September 2026 · 1 hari lalu

RBA governor warns people may need to lose jobs to get inflation down - The Business

Speaking at a Committee for Economic Development of Australia (CEDA) event in Sydney, the RBA governor said Australia's jobs market was probably still a bit too tight and putting upwards pressure on wages, business costs and inflation more generally. Michele Bullock says she thinks a jobless rate of 4.5 to 5 per cent will probably take enough heat out of the labour market that it'll ease pressure on inflation. Ahead of the next interest rate decision on Tuesday, September 29, she said "the Middle East conflict has gone on for much longer than people thought it would. Oil prices are still el

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