Australian consumers have seen significant price increases during the cost of living crisis, with milk prices having risen at the fastest rate since records began in the 2021/2022 season.

The rising milk prices are set to hit Australian families wallets who are already struggling with other surging product prices.

Michael Harvey, Senior analyst for Dairy and Consumer Foods, Rabobank told Perth Live host Oliver Peterson that the significant price hikes are due to global markets and high cost of production.

Australian consumers have seen significant price increases during the cost of living crisis, with milk prices having risen at the fastest rate since records began in the 2021/2022 season.
The rising milk prices are set to hit Australian families wallets who are already struggling with other surging product prices.
Michael Harvey, Senior analyst for Dairy and Consumer Foods, Rabobank told Perth Live host Oliver Peterson that the significant price hikes are due to global markets and high cost of production.

Perth LIVE with Oliver Peterson provides you with everything you need for your run home. If it happens in Perth you will hear it on Perth LIVE.

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