These professions touch on almost every aspect of society and they work in critical areas of people's lives, such as health, food safety, legal rights and security of building structures. Historically, the way the professions were regulated had important and often unintended consequences. If regulations or restrictions result in unnecessarily high prices, barriers to the provision of professional services, disincentives to innovate or barriers to entry to these professions, the negative consequences for consumers can be significant. A situation of inappropriate or bad regulation leads to higher costs, which, in turn, contribute to inflation. In the current climate we need to avail of every opportunity to keep down inflation.