The Reserve Bank is set to cut interest rates if the labour market fails to improve further.
The minutes from the Board's May meeting say that any rise in the jobless rate would be trigger for a rate cut.
The indications come as Prime Minister Scott Morrison confronts a slowing economy and flat wages as he projects a budget surplus in the new financial year.
ABC's Peter Ryan says the change in language shows the RBA is no longer sitting on the fence and could cut the cash rate as early as June.
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