Rents and energy continue to pressure inflation (Leithvo)

This inteview with Ben Davis at Brisbane Radio 4BC discusses how rents and energy prices continue to put upward pressure on inflation.



Leith talking about the Reserve Bank decision to keep interest rates on hold. The problem with the Australian economy, of high rents and high energy costs, that are driving inflation, is that it is a function of Government policy. The Reserve Bank is reacting to a crisis created by the Government via NET ZERO and having no gas reservation policy on the East Coast, plus mass migration caused housing shortages.

Mass migration seems to be a tool to stave off recession as industries close due to high energy costs and outsourcing but it's contributing to a cost of living crisis (inflation). Keeping interest rates high to stop inflation running out of control is not going to work with current Government policy.

However, rates cannot be raised too high since it would collapse the debt bubble that many ordinary people have with their massive mortgages (dictated by the housing shortage).

If migration levels were low, and energy cheap, the people of Australia could enjoy a much better standard of living, but this is not happening. By following callous (to established populations) globalist aligned policies the present Government is crushing the people they are supposed to represent. In place of the interests of local people they are implementing ideas of serving the rest of the world by pushing the climate change scam, with the NET ZERO shut down of cheap power sources, and by having open borders, which equates to economic suicide.

The way to stop this madness is for intense lobbying against what's happening and by voting for anti globalist minor parties. What's going on here is not simply about choosing one political approach to solving a problem over another (left vs right) but about confronting harmful country-destroying corruption and insane ideology. 

[Posted at the SpookyWeather2 blog, October 2, 2025.]