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Weekly Update 18.02.2022: Unemployment steady at 4.2%
18 February 2022
Labor would revisit CSLR, ABA CEO Anna Bligh at Regulatory Reform Conference.
“These circumstances, with the right policy settings, could entail an unemployment rate with a 3 in front of it or at the very least settling in the low 4s, rising productivity back towards 1.5% per year, inflation settling in the middle of the band and nominal wages growing at 4%.” – Secretary to the Treasury, Dr Steven Kennedy
Latest news
Key News: “The Cash Distribution Framework is an important piece of regulatory reform to ensure the continued availability of cash given the decline in its usage and recent uncertainties across the sector.” ABA CEO Simon Birmingham. Media release, 3 September 2026. Media & Communications Update: Political Update: Economic Update: Regulatory Update Upcoming Submissions Selected Media… Read more »
Key News: “You might just think it’s harmless letting somebody access your bank account and getting a few hundred bucks in return, but these are crime syndicates, these are money launderers. You may well be helping to scam a vulnerable Australian out of their life savings.” ABA CEO Simon Birmingham. Interview with 2SM’s Tim Webster,… Read more »
Key News: “Every dollar of bank profits that gets reinvested into bank capital, generates on the analysis we showed this week, $4.70 of economic activity across the Australian economy.” ABA CEO Simon Birmingham. Interview with Ross Greenwood, 21 June. Media & Communications Update: Political Update: Economic Update: Regulatory Update Upcoming Submissions Selected Media Warm regards,The… Read more »