Pitch Engine
Times Advertising


.

Fighting inflation doesn’t directly cause unemployment – but that's still the most likely outcome

  • Written by Michael P. Cameron, Associate Professor in Economics, University of Waikato
Fighting inflation doesn’t directly cause unemployment – but that's still the most likely outcomeGetty Images

You may have seen the news: in its attempts to tackle inflation, the Reserve Bank is going to increase unemployment. The idea can even seem to come right from the mouths of experts, including the bank’s governor, Adrian Orr. Speaking recently to an industry conference, he said:

Returning to low inflation will, in the near term,...

Read more: Fighting inflation doesn’t directly cause unemployment – but that's still the most likely outcome

More Articles ...

  1. Australia's borders are open, so where are all the backpackers?
  2. Why has the RBA raised interest rates for a record 7th straight month? High inflation – and worse is on the way
  3. Employers say Labor's new industrial relations bill threatens the economy. Denmark tells a different story
  4. Pubs and clubs – your friendly neighbourhood money-laundering service, thanks to 86,640 pokies
  5. Cheaper gas and electricity prices are within Australia's grasp – here's what to do
  6. Budget restraint? When it comes to transport projects, it's hard to find
  7. Jim Chalmers’ 2022-23 budget mantra: whatever you do, don’t fuel inflation
  8. Financial adviser 'reforms' will undermine yet another royal commission recommendation
  9. Labor's love lost: the tide is turning on private ownership of electricity grids
  10. Imagine if each of us could direct where our taxes were spent. Meet TaxTrack
  11. Floods, pandemics, wars and market forces: what's driving up the price of milk
  12. Global recession looks likely. Even if Australia escapes it, we are in for a bad couple of years
  13. After the Optus data breach, Australia needs mandatory disclosure laws
  14. Star Sydney suspension: how do casino operators found so unfit get to keep their licences?
  15. Australia needs an honest conversation about tax and budgets – and Jim Chalmers is ready to talk
  16. In sticking with tax cuts divorced from reality, Labor is left with a hard choice
  17. Australian women are more educated than men, but gender divides remain at work
  18. Mind the gap: gender differences in time use appear to be narrowing, but slowly
  19. Not all beer and pokies: what Australians did with their super when COVID struck
  20. Measuring the 'Halloween effect' – can retail investor optimism really affect stock returns?
  21. The end of coal-fired power is in sight, even with private interests holding out
  22. Optus data breach: regulatory changes announced, but legislative reform still needed
  23. New economic index reveals the toll policy uncertainty can have on your investments
  24. A class action against Optus could easily be Australia's biggest: here's what is involved
  25. NZ biggest firms will soon have to disclose their climate risk – but will it really curb climate change?
  26. A sham sentence after a secret trial for Aung San Suu Kyi's Australian economic adviser
  27. Optus says it needed to keep identity data for six years. But did it really?
  28. What now for petrol prices? Global doom and gloom makes the outlook surprisingly positive
  29. A global recession looks increasingly likely – but here's how Australia could escape it
  30. Why the Reserve Bank's record loss of $37 nbsp;billion was actually good for Australia
  31. Small communities could be buying, selling and saving money on electric power right now – here’s how
  32. Memo to the Productivity Commission: fixing inequality is the key to productivity
  33. 'We haven't built it, and they've come': the e-change pressures on Australia's lifestyle towns
  34. 3 ways 'bossware' surveillance technology is turning back the management clock
  35. Despite high hopes, multi-employer bargaining is unlikely to 'get wages moving'
  36. Survey reveals two-thirds of NZ employees want more work-life flexibility – how should employers respond?
  37. That $243 billion 'saving' from axing the Stage 3 tax cut is more mirage than reality
  38. What happened when we gave unemployed Australians early access to their super? We've just found out
  39. Now Sydney has two casinos run by companies unfit to hold a gaming licence
  40. The certainty of ever-growing living standards we grew up with under Queen Elizabeth is at an end
  41. One year on, El Salvador's Bitcoin experiment has proven a spectacular failure
  42. If your landlord wants to increase your rent, here are your rights
  43. Canterbury ratepayers risk paying the price twice if Tarras airport takes off
  44. Australia's June quarter national accounts show GDP doing well - for now
  45. Poorly ventilated buildings are allowed under Australia rules – it's time to fix it
  46. Building costs have soared. Is it time to abandon my home renovation plans?
  47. Australians on unemployment benefits are set for two record paydays – but it's a sign of a broken system, long overdue for a fix
  48. Lifting migration was easy – now Australia faces two tougher choices on migrant income and residency
  49. Qantas, the trying kangaroo: why things won't get better any time soon
  50. Planning a renovation or new build? Here's the outlook for skyrocketing steel and timber prices