Dr Shane Oliver, Head of Investment Strategy and Chief Economist at Australia's largest fund manager, AMP

  • Australian May skilled vacancies … down 5 months in a row
  • With other leading jobs indicators points to slowing jobs growth ahead
  • Consistent with our view that unemployment will rise to 5.5% by year end
  • and expectation for 3 more RBA rate cuts (to 0.5% by February 2020)