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How Australia aiming for full employment could lead to higher wages – NEWS.com.au

How Australia aiming for full employment could lead to higher wages

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How would you like to live in a country that got rid of unemployment? Sound nice? Well now you might just get the chance, with the announcement last week by the RBA boss that he is now aiming to get Australia to full employment.That’s right, after years of mucking round, Australia’s central bank is going to drop the hammer and go for it. Unemployment could drop from its current levels of 6.4 per cent to around 4 per cent, Reserve Bank Governor Philip Lowe has said. Maybe even lower. When pressed,…

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