Bullock's full employment mandate

Ian Rogers

The full employment mandate of the Reserve Bank of Australia is as important as the price stability mandate. 
 
A degree of fanaticism is called for around this and if Michele Bullock wants to leave an imprint on Australian history when she takes over as RBA governor, this would be a terrific beginning. 
 
You might as well give full employment as first among equals a go for quite a while to offset the horrifying 50-year record of targeting inflation first.