Taking notice of ABC Morning news directly after RBA announced a 25 bases points increase in interest rates, a chart was shown of 4 25 bases points interest rate increases 2 years ago.
     The chart showed 2023 February 23 beginning ending the 4 increases before 2024 February 23, 3.4% to 4.4% shown on the chart.
     To my memory, during the interest rate increases caused by a short increase in crude oil prices passed onto retail fuel pumps causing grocery prices to rise, crude oil prices fell soon after rates increased, as RBA rates increased grocery prices were rising even more aggressively than before the first rate increase happened.
     In February 2024, ABC Four Corners “super power” episode 2 interviewed CEOs of Woolworths and Coles Supermarkets rebroadcasting media news reported accusations of “price gouging”, no mention of RBA rate increases influencing grocery prices. I soon posted that RBA interest rate increases were causing increased inflation, adding increased costs to businesses to not only Woolworths and Coles also including suppliers of supermarkets bottom line balance sheet. Even increases of bank term deposits creates an alternative cost theory opportunity to have money in term deposits rather than investing in making profits through business activities, chasing marginal profits dealing with supermarkets whom are chasing marginal profits for share holders whom share holders may choose to invest in bank term deposit alternatives.
     In 2023, the only reason RBA governor ended increasing interest rates past 4.4% was to allow the 4 increases to work, ignoring recent inflation.

     This 2026 February 25 bases points increase was stated several times during RBA governor statements as “a supply and demand issue” I state Australian and Asian industries are not producing enough building materials to cover building industry demand, which is why shire councils are taking 2 years to pass development applications D.As. asking builders to fill out masses of paperwork red tape, which didn’t exist 40-50 years ago.
     My added beliefs that East Asia recently had much Typhoon damage our media have reported yet not added any blame for the lack of building construction material happening around the world. I did witness a New Zealand Grand Design 2 years ago episode a man building a house complained there were a shortage of wood to finish lining his ceiling that a lot of wood had been cent to China.

     Because there’s a shortage of building material supplies, RBA increases interest rates causing future increased consumer goods prices, RBA theory supposedly squeezed consumption off by increasing interest rates on businesses RBA theory to prevent businesses from increasing prices. Businesses being squeezed may as well close down before businesses go bust waiting for interest rates to decrease and invest cash in bank term deposits. Asia rebuilding may take considerable time.

     Directly after this February RBA increased interest rates ABC News Breakfast had the ACTU Secretary Sally McManus announcing unions wanting wage increases to take up the increased cost of living pressures, One pressure being RBA increasing interest rates, as monetary inflation is one Kingsley Davis tactic mentioned to aid reducing population growth, saving to buy a first home with increased weekly wages seems good, yet home buyers ability to borrow money from banks allows banks to lend more money to borrowers pushing up the prices of auctioned properties, with higher wages comes eventual higher rent charges, higher wages for workers making building material suppliers, the list goes on.

     Previously mentioned ABC News Channel program “If You’re Listening” recommended “Kingsley Davis” tactics on how to control population growth using tactics populations won’t like, which several are: limit housing growth; run monetary inflation; have women working in the work force to make up men’s reduced value for a dollar wages; provide childcare, which I add if families have say 3 children, childcare costs will consume the woman’s wage, mothers may as well not work, stay home caring for children.
     Australian plus other countries education system have punished human youth of most all human independent ability to think, replaced with self-concerning narcissism to feel intelligent repeating trivial beliefs rather than to be curios about knowing real worth while knowledge, together with media limited information sports and fun activities distractions to have a laugh at every opportunity, to quickly ignore anything opposing their own shallow beliefs.

     Australian intake of migrants to make up Australia’s low baby birth population growth, needed to fill a needy labour market, in my assumptions intake of migrants have to do with other counties whom maintain a high baby birth population growth Australia taking in other countries over flow population pressure, imposed on Australia by some unknown world government I previously stated as in USA establishment bankers ruling class boys club.

     Increased population through migration increases and or maintains housing shortages strengthening Kingsley Davis tactics to reduce population growth, any increased growth in money supply introduced into an economy gets consumed by increased adult populations, yet increased populations increases the numbers of consumers placing more stress on supply and demand, demand on supply of goods.