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You should be very wary when discussing a "goal" for the rate of unemployment in Australia, as no published goal exists.  The current goal for the rate of unemployment in Australia is to maintain a rate as close as possible to the NAIRU. Many economists believe that this figure is close to 5.0%. It is not surprising, therefore, that as the unemployment rate fell below 5.0% the Australian economy began to experience higher inflation rates.  Up to date statistics can be found on the Reserve Bank of Australia's website.

Year Unemployment Rate (%) 1996/7 8.2% 1997/8 7.9% 1998/9 6.7% 1999/00 6.2% 2000/01 6.9% 2001/02 6.5% 2002/03 6.1% 2003/04 5.5% 2004/05 5.0% 2005/06 4.8% 2006/07 4.3% 2007/08 4.3%

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