No Gittins, Frydenberg won’t become “one of our greatest treasurers”

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Ross Gittins argues today that Josh Frydenberg could cement his place in history as “one of our greatest treasurers” if he succeeds in getting unemployment down to 4% or below:

Frydenberg’s strategy of forcing the pace of economic growth to get the rate of unemployment sustainably down to the low 4s or even lower.

This strategy – to keep pushing unemployment down until it’s clear the inflationary pips are squeaking…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.