The Saturday Paper • Richard Denniss • January 21, 2023 • thesaturdaypaper.com.au
The RBA’s policy guide is wrong
The unemployment rate published by the Australian Bureau of Statistics is an incredibly stable, accurate and reliable indicator of something almost entirely irrelevant. It provides us with 63 years’ worth of raw data on the number of Australians who worked for less than one hour, were actively seeking work and, because they had no caring responsibilities, were available to