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Lettuce has crossed the $10 mark, milk prices are soaring by major supermarkets and strawberries are $6 a punnet. Almost everywhere you look, the prices of food and other agricultural goods are on the rise. You’d be forgiven for thinking this must be a great time for Australian farmers, preferably gazing out the window at the gentle rain. Not too. Rising price Understanding what drives the price of any commodity can be a confusing exercise at the best of times. The current situation is generally caused by a number of problems, the first of which relates to the nature of Australia’s growing season. Australian vegetables come from different parts of the country depending on the season. Currently the main supplier is Queensland. Earlier this year, several developing areas were hit by two floods in 11 weeks. Queensland’s Lockyer Valley flooded earlier this year destroying large vegetable crops. ( Provided: Lockyer Valley Regional Council ) Belinda Frentz is a herb grower on the state’s G

Australians are facing huge increases in the cost of a pint, with the country’s beer tax registering its biggest increase in more than 30 years. Starting Monday August 1, beer taxes are up 4 percent, adding about 80-84 cents to the price of a pint of the much-loved yellow liquid. This means you may soon be paying $15 for your favorite glass. And there is no escape for those who buy their beer cheaply. The beer tax will increase from $53.59 to $55.73 per liter of alcohol content, raising the tax on cartons by about 80c, to $18.80. Watch the latest News on Channel 7 or stream for free on 7plus >> The tax on the vat would jump by about $4, raising the cost to almost $74. Because of these price increases, Brewers Association of Australia chief executive John Preston warned that customers may now have to pay $15 for a pint at their local pub or bar. “For a small pub, club or other venue, the latest tax increase would mean an increase of more than $2700 per year in their tax bill –

If your morning cup of coffee has left a sour taste in your mouth lately, it’s probably not the beans, but the price tag that’s causing you to taste bitter. Key points: Coffee sellers say coffee prices have gone up 20-30 percent in the last 12 months The average price of a medium, basic coffee is around $5 nationwide Coffee industry warns it may take 12 to 18 months before prices drop again Prices for flat whites – and cafe-made coffees – have been forced up not only by international shipping and wages, but also by unexpected costs such as the wholesale price of caramel syrup. What is the average price of coffee now? Daniel Mejia of Colombia Coffee Co owns several cafes and is a wholesaler of coffee beans on Queensland’s Sunshine Coast. He says people should pay between $4.50 and $5.50 for an average 250ml (8oz) of coffee without fancy milk or espresso additions. “When you pay $5.50 for an eight-ounce coffee, then the expectation you have to have as a customer is that it’s going to be

Australians pay about 20 cents per liter more for diesel than they should, consumer advocates say. And they said there seemed to be no good reason for that. Federal Treasurer Jim Chalmers said Australians were “really dirty” about higher fuel prices. While prices have declined, experts say diesel prices have not fallen enough. But retailers say there is always a lag between the drop in oil prices seen at the pump. Even if you don’t own a diesel vehicle, you may be affected by the price of diesel. That’s because it’s the fuel of choice for industry — transportation, agriculture, shipping, and mining — which means there are after-effects for the economy. Why is diesel so much more expensive than gasoline? Oil prices soared earlier this year after Russia was sanctioned for its invasion of Ukraine. Diesel prices rose more than gasoline due to various factors including higher demand due to the COVID-19 economic recovery and less supply from Russia. Russia is one of the largest oil producer

Hi, this Monday, July 25. Here’s what you need to get started today. One thing to know now It has been revealed that prosecutors have dropped a child abuse case against a former school principal a Brisbane private boys school — who abused a child years later. It’s more than ABC Rory Callinan : The ABC unveils the 2004 decision as part of an investigation into former activities Nudgee St Joseph Universitas University Principal, Stephen David McLaughlin Christian Brother Stephen McLaughlin is also the principal of Nudgee College. The Office of the Director of Public Prosecutions said it dropped a child abuse case because it was unlikely to be convicted. The former Christian Brother is also suspected of being related to Dennis Norman Douglas an “old boy” Nudgee who confesses to child abuse in the 1990s McLaughlin is punished earlier this year abused a child he fostered in 2015. His lawyers say he denies the offense and they have appealed It christian brother has announced an investi

Two-thirds of the fish that Australians eat is wasted. After the fillets are removed, the remainder is usually discarded. The poor recovery had an impact on prices. “You pay for a whole fish but only really eat a third, but all the parts of the fish actually have enormous value, like the head, tail, skin,” said Patrick Hone, managing director of the Fisheries Research and Development Corporation. The chef slowly started using more fish, including their offal. Delicious waste The beef, lamb, pork and chicken industries had much higher recovery rates, ranging from over 50 percent to the 70s, but why is seafood recovery so low? “Seafood offal is a completely unexplored area,” says chef Danielle Dixon. Chef Danielle Dixon says advocacy for underutilized species is critical. ( ABC Landline: Pip Courtney ) “With the average net profit in the food business sometimes being just 1 percent or less, it’s really important for us to start educating people about how to take lesser-known products th