Australia Added 14K Jobs in June

The transcript discusses the employment rate, highlighting a 5.6% rate with 14,000 jobs created. A significant shift from part-time to full-time jobs is noted, with the participation rate rising to 65%. The Aussie dollar strengthens, nearing $0.80, influenced by strong job data and market expectations of a rate hike. The RBA's neutral cash rate discussion and its impact on market dynamics are also covered.

What does the participation rate rising to 65% indicate?

What was the expected neutral cash rate mentioned in the text?