It’s a good thing that unemployment is low. Rather to have a job and pay a slightly higher rate on your mortgage, than to have no income to pay anything off your cheaper mortgage.
ChookBaron on
Too many people are employed, quick jack up interest rates!
vuilbginbgjuj on
Good. We need 2% higher interest rates and much higher land taxes so investors get smoked.
bundy554 on
Sigh – have to remember I guess seasonal jobs are stronger in summer than winter so hopefully the RBA remembers that
dleifreganad on
Employment growth without productivity growth is not growth. It’s inflationary. That’s why there is a 99% chance we have an increase in the cash rate by May.
6 Comments
Roy Morgan reckons the [“real”](https://www.roymorgan.com/morgan-poll/unemployment-roy-morgan-unemployment-methodology) unemployment rate went from [10.2% in November](https://www.roymorgan.com/findings/10092-australian-unemployment-estimates-november-2025) to 10.4% in December.
[https://www.roymorgan.com/findings/10122-australian-unemployment-estimates-december-2025-002](https://www.roymorgan.com/findings/10122-australian-unemployment-estimates-december-2025-002)
It’s a good thing that unemployment is low. Rather to have a job and pay a slightly higher rate on your mortgage, than to have no income to pay anything off your cheaper mortgage.
Too many people are employed, quick jack up interest rates!
Good. We need 2% higher interest rates and much higher land taxes so investors get smoked.
Sigh – have to remember I guess seasonal jobs are stronger in summer than winter so hopefully the RBA remembers that
Employment growth without productivity growth is not growth. It’s inflationary. That’s why there is a 99% chance we have an increase in the cash rate by May.