New South Wales police are investigating the suspicious deaths of two men in the state’s northern region, with the first body discovered at a property near Grafton. Authorities have identified the deceased as a 79-year-old individual found at the scene on September 13. Meanwhile, economic commentary highlights the Reserve Bank’s dual mandate of balancing full employment with price stability, noting that recent inflation remains lower than levels observed under previous governments. Observers suggest it is now possible to achieve low unemployment alongside moderate inflation rates.
Follow the day’s news liveGet our breaking news email, free app or daily news podcastNew South Wales police say they are investigating the suspicious deaths of two men in the state’s north.Police said they found the first man – who has since been identified as a 79-year-old – dead at a property on Summerland Way at Gurranang, near Grafton, on 13 September.And that’s equally important in the Reserve Bank’s mandate, dual mandate, which talks about maintaining full employment at the same time as they go for price stability, which means inflation in the target band.Well, it’s still lower than what we saw under Howard and Costello, is the first point.I think that’s pretty clear. And what we’ve seen in recent years is that it’s possible to have low and steady unemployment at the same time as we see inflation moderate to more normal levels. Continue reading...