This is a bit faster than our current estimate of trend growth in the Australian economy, so we expect to see a gradual decline in the unemployment rate. (rba.gov.au)
The relative stability in the trend in 2014 and 2015 represents a housing market settling back toward long term sustainable trend growth rates. (eyeonhousing.org)
Employment grew by 1.2 per cent in the quarter, which is well above trend growth. (rba.gov.au)