Reserve Bank wants 4.5pc jobless rate to tame inflation. Unions say RBA is out of touch .

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Reserve Bank deputy governor Michelle Bullock warns the jobless rate might need to spike to 4.7 percent to tame inflation. Suggestions that 140,000 jobs might be at risk has angered unions who say surging corporate profits are to blame. Reporter: Peter Ryan, Senior business correspondent Featured: Michelle Bullock, Reserve Bank deputy governor; Zach Smith, CFMEU, national secretary

Episode metadata supplied by the publisher feed · Published Jun 21, 2023

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Reserve Bank wants 4.5pc jobless rate to tame inflation. Unions say RBA is out of touch .

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