The Australian #unemployment rate has just hit an almost 50 year low, but that could mean that #interestrates need to go up more and faster than expected to tame #inflation. Now about 32,000 jobs were added during the reporting period, which pushes the #unemploymentrate to a near 50 year low. What that does is it gives fuel to the fire to the #RBA to continue increasing #mortgage interest rates through December and beyond, particularly when the #labourmarket is tight

свернуть