Carrington Clarke

Is that going to be a problem for the economy?

Yeah, and I think the most recent data has been messy, including we're going to have GDP data out today.

There's going to be a messiness even in that data because of the electricity rebates coming off.

And so it just kind of moves the expenditure from government to the consumer in a kind of dramatic way, which you then have to look through.

What we keep being warned about is that there are going to be the flow on second round, third round effects of these higher fuel costs, higher diesel costs.

not only here in Australia, but also globally.

We import a lot of products from overseas and we haven't really seen them.

So this is going to get a lot messier before it gets better here in Australia, isn't it?

Because they're basically just using the pricing in the market, which is this dramatic fall of the oil price in the next couple of months.

And they just keep moving that slowly out.

But the consensus is still that suddenly it's going to drop because the Stradivarius is going to be open.

Yeah, absolutely.

Sad to leave on a negative note, but I think it's important that people have a realistic expectation about where the prices are heading in the coming months.

and some of these flow-on effects we still haven't actually felt.

Thanks for joining us for Fuelcast.

You can catch ABC Business Daily later today, and we'll be back in your feeds with all things fuel next week.

Catch you next time, Ian.

See you then.

I tried to get in contact multiple times.

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