DiscoverThe Savings Tip Jar117: Why are groceries so expensive now? With Michael Harvey
117: Why are groceries so expensive now? With Michael Harvey

117: Why are groceries so expensive now? With Michael Harvey

Update: 2025-08-06
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This week we're joined by Michael Harvey, senior food analyst at Rabobank. As Rabo is an agricultral-focused bank, it's well placed to discuss food prices, weather events, and what the farmers are feeling at the farm gate, and why it affects the price of your weekly shop or what goes onto your plate. We discussed weather patterns, grocery price inflation, geopolitics in China and the US, and other factors. Great chat!

Rabobank was last on in episode 79 with Julie Blanchard talking about savings accounts. Rabobank also has its own podcast about food and agribusiness you can access at:

https://open.spotify.com/show/5ARnEbYiwHjHreBwAbsou6

https://podcasts.apple.com/us/podcast/raboresearch-food-agribusiness-australia-nz/id1190107144

And look at our grocery price index here

https://www.savings.com.au/statistics/grocery-price-index

Plus we speak to resident finance journalist Harry O'Sullivan about his recent piece on buyers agents - do you need one, what do they cost, are they worth it, when do they come in handy? And all that good stuff.

You can read Harry's piece here on Your Mortgage:

https://www.yourmortgage.com.au/compare-home-loans/should-you-hire-a-buyers-agent

And all the latest news and savings tips.

01:33 - Savings tips: Woolies mudcake and limiting GAS, gear acquisition syndrome

03:53 - Macquarie savings news

06:55 - Up savings news

12:00 - House price news

15:33 - Harry on buyers agents

26:31 - Rabobank's Michael Harvey on food prices

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117: Why are groceries so expensive now? With Michael Harvey

117: Why are groceries so expensive now? With Michael Harvey

Savings.com.au