"After all, we did abolish the definition of full employment as...

"After all, we did abolish the definition of full employment as one per cent unemployment. Now we are happy to have it institutionalised as around 4-5 per cent"

The ones that want a job are employed and the ones who don't want to work for their money aren't, in my experience. I could pull a figure out of my {...} and say that maybe 1% can't get employment due to age but at the same time point a lot of those people to many of my clients who are looking to employ anyone including 60+ for certain jobs, they are just not glamorous enough for many and change hands constantly.

The RBA while it has been argued in the past as having some excessive moves has done pretty well imo to avoid bubbles forming in the property sector, albeit by the skin of their teeth but none the less in time.