Australia's unemployment rate will likely need to fall from 5.8% currently to the "higher 3s" for wage growth and inflation to pick up, a senior central bank official said on Wednesday.
Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle told a parliamentary committee he expected the country's labour market to continue to outpace expectations, though there was still a long way to go.
(Reporting by Swati Pandey; Editing by Andrew Heavens)
