There is no conflict between the government's and

Aihucha News, September 24: Reducing the unemployment rate to the lowest possible level is a key goal of the Australian federal government’s new roadmap for the labor market. Australian Finance Minister Chalmers said that the government's position on full employment is not inconsistent with the Reserve Bank of Australia's non-accelerating inflation unemployment rate (NAIRU) of about 4.5%. NAIRU is used by the Reserve Bank of Australia and Treasury to measure the level of unemployment that would not lead to an increase in inflation. Chalmers said, "In recent years, we have seen it come down. The Treasury's target now is around 4.25%, and we want to get that number as low as possible. We want unemployment to be as low as possible, inflation to be benign, those things These are our goals.”