Australia, faring better than most, but big hike still expected
NAB Morning Call
00:00
The Labor Market in Australia Is Incredibly Tight, Could They Play a Bit Cooler?
One point four % increase in job ads, so more jobs, inflation, you know, picking up slow than the rest of the world. The expectation is that we're going to see a 50 basis point hike from the r b a to day. But if if things taking longer than expected in australia, could they play a bit cooler? And we don't think so. Labour market in Australia is incredibly tight and there's only one unemployed person's per job ad - which isat record low.
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