The Interest rates are inversely correlated to unemployment rates in Australia. The last time they intersected was 2008 GFC, and they appear to be headed the same way, with unemployment forecast for 4.8% in Q12024. - Takeaways When interest rates are up unemployment is down and vice versa Last time they had a major divergence/convergence was a global economic...
XJO / AUCCI Every time the Australian consumer confidence index has fallen below 80 into severe pessimism the XJO has corrected at least 30% from peak to trough.