In today’s investment webinar (LIVE 12:30pm AEST), MB Fund’s Chief Economist Leith van Onselen, Head of Investments Damien Klassen, and Head of Advice Tim Fuller are joined by CBA’s Head of Australian Economics, Gareth Aird to discuss Australia’s Remarkable Jobs Recovery.
Topics covered:
- Australia’s unemployment rate fell to decade low in June.
- Tightest job market in decades.
- Drivers: Stimulus and closed borders.
- How low can unemployment go? And will it translate into higher wage growth?
- Will current lockdowns ruin the rebound?
- Implication for monetary policy.

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Tim Fuller is Head of Advice at the MacroBusiness Fund, which is powered by Nucleus Wealth.
Latest posts by Tim Fuller (see all)
- MB Fund Podcast: Can the profit boom last? - August 6, 2021
- MB Fund Podcast: Beware the Growth Scare - July 30, 2021
- MB Fund Podcast: Australia’s Remarkable Jobs Recovery, with CBA’s Gareth Aird - July 22, 2021
https://www.news.com.au/travel/travel-updates/queenslands-whitsundays-left-in-ruins-as-foreign-owners-abandon-resorts/news-story/7e4b58db9a24df12a7cd34fef49015d3
https://www.smh.com.au/business/companies/crisis-point-cba-chairman-calls-for-plan-to-reopen-borders-20210721-p58bqt.html
Diddums, kunts
https://indaily.com.au/news/2021/07/20/construction-shutdown-to-take-heavy-toll-on-industry/
Double diddums, kunts
Australia Post service cut puts small businesses in jeopardy as international delivery costs soar
https://thenewdaily.com.au/finance/small-business/2021/07/22/australia-post-economy-air/
More than 1 million of Australia’s poorest are locked down and shut out of emergency COVID-19 payments
https://www.businessinsider.com.au/covid19-disaster-payments-eligibility-welfare-acoss-2021-7
Can you summarise it for me?
When you base your economy on importing 3rd world labour what do you expect?