Workforce increased 39,000 in April driven by the steep rise in...
While the number of people in work increased by 39,000, there are an additional 278,000 people looking for more work...
READ MORERates will ultimately have to rise: academics
Academics expect the Reserve Bank will eventually have to follow the global trend towards higher interest rates but for now, Australia's official cash rate is firmly on hold.
The central bank will hold its monthly board meeting on Tuesday and is widely forecast to keep the cash rate at its all-time low of 1.5 per cent, where it has stood since August.
Read the full article on Sky News.
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