A report released today confirms that grocery bills in Australia are on the rise.
According to the SEC Newgate report, families are now paying an additional $3,000 per year on groceries.
The prices of essential items such as olive oil, eggs, beverages, and sugar have surged significantly compared to 2022.
Over the past three years, retail prices have increased by 36% at Coles, 30% at Woolworths, and 26% at Aldi.
Political commentators suggest that rising grocery costs will be a key issue in the upcoming elections.
Meanwhile, as the government prepares the next budget, Australians are hopeful it will include measures to ease the financial burden.
