RBA Governor's Jobs Warning Sparks Union Fury

The Reserve Bank of Australia (RBA) governor Michele Bullock has sparked controversy among union leaders by suggesting that unemployment rates may need to rise to as high as 5% to control inflation.

This warning has led to a heated exchange between the RBA and union representatives, with some accusing Bullock of treating workers as 'collateral damage' in the fight against inflation.

The union movement has been critical of the RBA's policy decisions, arguing that they disproportionately affect low-income earners and vulnerable groups.