# Fuel spikes, property slumps

An episode of [ABC Business Daily](https://invisiblenetwork.ai/podcast/1886002828), 3 Aug 2026, 24 min.

Audio: https://mediacore-live-production.akamaized.net/audio/02/n4/Z/1q.mp3

With the fuel excise cut officially over are petrol prices about to skyrocket at the bowser? And fresh housing data shows that the property price slump seems to be spreading. Is Australia’s property market headed for a correction? And what might this mean for the RBA – just a week away from its decision to hike or hold rates? Steph Chalmers and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. You can check out the ABC’s Fuel Tracker that Steph mentions, here. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

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