Cost of Living Crisis Threatens Australia’s Most Beloved Foods
Published on November 29, 2023
The rising cost of living is threatening people’s dining tables, as highlighted by a shopper who discovered one of Australians’ most beloved foods gaining a new “sale” price. “It’s nearly 10 bucks for Vegemite now? And this is a low price?” questioned DarkLake, a user on the Australian Reddit page, alongside a photo showing 560g jars (1.23 pounds) of Vegemite priced at $9.40 (US$6.24) at Woolworths. Vegemite is a thick, dark brown Australian food spread made from leftover brewers’ yeast extract with various vegetable and spice additives. The product in the photo is part of Woolworths’ latest campaign to address the cost of living pressures as it draws closer to the Christmas and New Year holidays....