nAIRU

Inflation spiked in Q3, posting one of the largest ex-COVID increases in the inflation targeting era, well above the RBA's forecast.

In the AFR today I write about what an incredible week it was for markets. The fourth-largest monthly decline in unemployment on record and yet the Aussie dollar fell...

The RBA has published a fascinating new research paper on "underemployment", which has increased noticeably since the GFC. The underemployment rate is defined as the...