Inflation figures out today show inflation rose half a percent in the December quarter to be at 2.1 per cent for the year.
It's now looking likely the reserve bank will increase interest rates again on Tuesday.
Shadow Treasurer Joe Hockey says it is becoming increasingly tough for average Australians to keep their heads above water.

Home buyers are being warned interest rates could rise by as much as half a percent next Tuesday, as consumer spending shows no sign of easing.

A steep increase in fruit prices, more expensive housing, rent and domestic holiday's has pushed inflation to 2-point-1 per cent for the year to December.

It's a further sign the Australian economy is recovering, which means interest rates are likely to increase to try and keep the cost of living in check.

Economists are confident there'll be a rate hike next Tuesday, but they're divided over whether it'll be quarter or half a per cent rise.

Treasurer Wayne Swan says he won't speculate on Reserve Bank decisions, but adds rates can't stay at emergency lows.

The Opposition maintains the government's extensive stimulus measures are forcing the constant rate hikes.