RBA also says no need to worry about inflation. We can all see what is happening in the property market, commodity market and Australian agriculture. Even with the inflation metrics that they use -- the one that they have been fine-tuning on a regular basis to repress the real inflation figures -- they can't escape the reality for too long. It is only a matter of time until their narrative changes and as we have seen many times before, central banks and governments are really quick indeed to change their narrative when needed.
