With a record number of food shortages and an increasingly hungry population, Australia has been grappling with the issue of food insecurity and the need to reduce food waste.
The country’s chief food and agricultural economist, Professor Paul Kennedy, says that the country is spending about $2.8 billion a year on food security, which is the equivalent of about one food stamp card.
“We’re on track to spend around $2 billion a day in food security by the end of the decade, which means the cost of food is now more than $5 billion per day, or about $6 billion per year,” he said.
“If we continue at this pace, by 2040 we’ll be spending $10 billion a week.”
Professor Kennedy said that the food security issue was not unique to Australia, with other countries including New Zealand, Canada, the United States and South Africa all spending more on food.
“I think the biggest thing is the global food market, which we’ve been dealing with for a long time,” he told the ABC.
“And when you’re dealing with that, it’s very easy to see the potential cost of not only a lack of food, but also the potential damage that that would do.”
Professor Alan Fyfe, a senior research fellow at the Australian National University, said Australia was facing a similar problem in South Africa.
“South Africa has just seen a massive increase in food prices and also an unprecedented amount of food waste,” he explained.
Professor Fyffes research suggests that the world could be facing similar issues in the next few years. “
The situation in South Korea is not quite as bad, but it’s certainly worse, because we’re not seeing any major food shortages.”
Professor Fyffes research suggests that the world could be facing similar issues in the next few years.
“What I would expect is that South Africa will experience a lot of food price spikes over the next three or four years,” he warned.
“So it would be very difficult for the South African government to make a dent in the situation.”
Professor James O’Keefe, professor of agricultural economics at the University of Tasmania, said that South Australia was already experiencing the same problems in terms of food wastage, which has led to a rise in the number of people who are not getting enough to eat.
“People in South Australia are getting less than they did five years ago,” he pointed out.
The population has fallen dramatically, and the numbers of people that can’t feed themselves have risen enormously.” “
In particular, you can see the issue in Victoria.
The population has fallen dramatically, and the numbers of people that can’t feed themselves have risen enormously.”
Professor O’keefe said that while it would take a massive food and energy investment to fix South Australia’s food insecurity, Australia could be on the right path to solving it.
“For Australia to actually make a significant dent in food wastaging, we’d have to do something that was really disruptive, something that would significantly disrupt food production,” he concluded.