RBA takes in a 'series of factors across the economy' to decide rates

Skills and Training Minister Brendan O’Connor says the Reserve Bank will take in a “series of factors across the economy” when deciding interest rates. Data from the Australian Bureau of Statistics has revealed the unemployment rate for March has risen to 3.8 per cent. The updated figures show a 0.1 per cent rise in unemployment since February. Mr O’Connor told Sky News Australia that the government will continue to “manage” the economy. “Obviously, we believe a surplus is within our reach.”