"No improvements by the RBA" Mark Bouris & Diana Mousina

Diana Mousina, Deputy Chief Economist at AMP, joins Mark Bouris to discuss the latest property market insights and economic indicators.

Key Topics covered in this episode:

March unemployment rate rises to 3.8% while employment falls by 7,000 jobs

Importance of focusing on unemployment rate as key labor market indicator

Definition and current status of underemployment in Australia

RBA now looks beyond just unemployment rate to assess full employment

Employment Growth Discussion

Large job gains in sectors like healthcare, education, professional services

Impact of growth in government jobs on economy's productivity levels

Policies to boost productivity: personal income tax cuts, higher GST, business investment incentives, immigration reforms

Interest Rates Outlook

Prediction that RBA will start cutting rates in August/September

Expectation for two rate cuts by end of year