INTHEBLACK: Uncovering the staggering cost of food waste

With Interest

Did you know that in Australia alone 312kg of food per person, per year is thrown away? In fact, food waste costs the Australian economy around $36.6 billion each year.

Australian households spend around $2500 every year on food that’s wasted. And most of that ends up in landfills.

This episode explores the underlying causes that contribute to such shocking food waste and looks at some effective solutions that can be implemented to address the problem.

Tune in now.

Host: Garreth Hanley, CPA Australia

Guest: Terence Jeyaretnam, an environmental engineer and Partner at EY in the Climate Change and Sustainability practice, based in Melbourne

For more on today’s topic, head to the National Food Waste Strategy, which aims to halve Australia’s food waste by 2030.

Further guidance is available on the Department of Climate Change, Energy, the Environment and Water site.

Additional information:

• Reducing Australia's Food Waste by half by 2030
• Food waste costs Australian households up to $3,000 a year
• Coles promised to feed Australian families for $10 in 2017. Can it still be done in 2023?

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:

• With Interest
• INTHEBLACK
• INTHEBLACK Out Loud
• Excel Tips

Search for them in your podcast platform.

You can email the podcast team at [e-mail]