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Australia cut unemployment faster than anyone predicted – why stop now?

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Australia cut unemployment faster than anyone predicted – why stop now?shutterstock

If you told someone a year ago unemployment was about to dive below 5%, to just above 4%, they wouldn’t have believed you.

If that person was an expert, and you said it would happen despite a Delta outbreak and lockdowns in our two biggest states, they might have said you had little idea of how the economy worked.

At the beginning...

Read more: Australia cut unemployment faster than anyone predicted – why stop now?

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