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If turbocharged petrol prices are driving up inflation, then why are Australia’s unemployed on the line? | Greg Jericho

Avoiding a rise in unemployment is important for the RBA – but apparently not a dealbreaker Get our new political email , free app or daily news podcast And here we are again. Hello darkness my old friend. Interest rates up again and talk of a recession if needed. The Reserve Bank’s enacting legislation gives it a dual mandate – “price stability [ie stable inflation] and the maintenance of full…

If turbocharged petrol prices are driving up inflation, then why are Australia’s unemployed on the line? | Greg Jericho

We haven't written up this one. The Guardian Australia has the full story — the link below goes straight to it.

Read the original at theguardian.com →

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