@Scott th Ratbag; it demonstrates that Chalmers' Choice for the head of the RBA and for the RBA's re-structure have delivered no benefits to Aussie Battlers.
By definition, putting up interest rates increases costs - it's INFLATIONARY and the RBA is as guilty as Hell on that front just as it was guilty as Hell for leaving rates at historical record low levels for far too long as it assisted with $Feeding the $Greed of Australia's wealthiest 5%.
We're now informed that they own THREE TIMES as much of Australia's GDP as they did two decades ago! A few hundred people now have 25% of Australia's GDP! It's now even worse than it was a few years ago!
