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Jobless data may not sway RBA

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Australian Broker | 11 Aug 2014, 08:16 AM Agree 0
While the market has priced in an increased chance of a rate cut, economists say a huge jump in unemployment is unlikely to sway the RBA
  • MCC | 11 Aug 2014, 10:14 AM Agree 0
    The data also needs to include a breakdown of jobless by say age 'sectors' because much of the housing growth & home / investment property ownership would not be contained in the high youth unemployed section of the society. I'm sure the RBA would consider that before cutting the cash rate rate further.
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