The Aussie economy lost over 100k full time jobs in December, the worst figure in 30 years (excluding covid). The participation rate also had its biggest single month fall in 35 years. What is going on, and how worried should we all be? Where is the danger signs and what does this all mean for interest rates?
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December Jobs Report Is Bad (Exc Covid)
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tax cutsstage threeAustralia tax systemhousehold incomeborrowing powerproperty pricestax cut benefitincome bandseffective tax ratesalary calculationsincome groupsinvestingnet incomelending serviceabilityproperty marketinterest ratesconsumer confidenceeconomySydneyhigh income householdsdebt sizesmedian dwellingsloan to value ratiosassessment ratenet income changesbudget increaseauctionsrate cutsfinancial education.