If turbocharged petrol prices are driving up inflation, then why are Australia’s unemployed on the line? | Greg Jericho

Avoiding a rise in unemployment is important for the RBA – but apparently not a dealbreakerFollow our Australia news live blog for latest updatesGet our new political email, free app or daily news podcastAnd here we are again. Hello darkness my old friend. Interest rates up again and talk of a recession if needed.The Reserve Bank’s enacting legislation gives it a dual mandate – “price stability [ie stable inflation] and the maintenance of full employment in Australia”. But in reality the RBA see