.25% means inflation set to rip, page-47

but most of the prices rises are unavoidable because they are essential and often staple products.

Such as petrol, electricity, meat, fruit, veg and bread. Which one of those do you cut back on ? You still have to drive a car, run the fridge and eat healthy.

Truth is it was irresponsible to lower cash rates below their targeted inflation rates. It's simply led to overpriced real estate cos people could get virtually free crack money, and are now debt junkies on the hook.