
Craig Emerson
@drcraigemerson
Managing Director, Emerson Economics. Chair, RMIT’s APEC Study Centre. Adjunct Professor, Victoria University’s Centre of Policy Studies. Visiting Fellow, ANU.
ID: 533539522
http://emersoneconomics.com.au 22-03-2012 21:42:37
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The Reserve Bank of Australia is worried there’s been too much jobs growth, wanting unemployment to rise to keep inflation low. But around 80% of recent jobs growth has been in areas like health and aged care. What’s wrong with that? Inflation is down from 7.8% in late 2022 to less than 3% 😳






Interesting a lot of Coalition supporters have reacted with hostility to my column arguing the Reserve Bank of Australia should have reduced interest rates. They want them higher for longer 🙄

🍇🍷To help the industry respond to challenges, Federal Labor is investing an extra $1.1m into the $3.5m Grape & Wine Sector Long-term Viability Support Package. Wine Australia has also released Craig Emerson's report with 14 recommendations. 👉wineaustralia.com/getmedia/bd6a3… #auspol


The unemployment rate is its highest since November 2021, in the middle of the pandemic. When will the Reserve Bank of Australia be satisfied it’s got it high enough? #auspol



The Financial Review scribes and its position under new editorship has been to increase the cash rate - up to 2-3 times, some accusing me of being political in arguing against such madness 🙄 #auspol

GDP per person is contracting yet the Reserve Bank of Australia has been claiming the economy is growing “too hot,” Absurd.

I was criticised by the Financial Review favourite columnists for disagreeing with their demands 2-3 cash rate INCREASES!



So why does the Reserve Bank of Australia claim the economy is running “too hot?”

