THE DISTILLERY: Australian paradox

Jotters delve into the absurdity of simultaneous low interest rates and flawless unemployment figures.

A handful of commentators have put some effort towards explaining an apparent paradox that presently exists in the Australian economy. Interest rates are near emergency levels, but the unemployment rate is pristine. Those two don't normally go together.

This morning, The Australian Financial Review’s David Bassanese addresses this question in a crucial piece of commentary. It’s crucial because it’ll get readers thinking about interest rate levels in a different way.


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