April 2022

April 2022

May 11, 2022

The RBA has decided to increase its cash rate by 25bps to 0.35% and announced a passive wind-down of its balance sheet. Western Australian employment rose by 7.6k in March, while the unemployment rate fell to 3.4%. Perth CPI inflation rose to 7.6% in Q1, reflecting unwinding of the WA government’s household electricity credit.

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