Aussies’ annual food waste bill hits $10.1bn

Rabobank has today released its 2019 Food Waste Report showing that Australians spent a total of $10.1 billion dollars in 2019 on food that ended up in our bins rather than in our stomachs, up from $8.9 billion dollars in 2018.

The Rabobank Food Waste Report highlights that Aussies are now wasting an average of 13 per cent of their weekly grocery spend, equating to $1,026 each year.

With food waste on the rise across all states and all generations, Australia as a nation is losing the battle against food waste with significant negative impacts for not only our hip pockets but also our planet.

Glenn Wealands, Head of Client Experience, Rabobank Australia said, "Food waste is one of the most significant challenges facing our nation and planet today. According to the Food Sustainability Index, developed by The Economist Intelligence Unit, Australia is the fourth highest food waster in the world. Given the increasing pressure on the planet to provide for a growing population there is an urgent need for greater action across governments, industry, retailers, and consumers to drive real change."

The biggest offenders when it comes to food waste are consumers. Household waste makes up 34 per cent of food waste nationally, with 31 per cent from primary production and 25 per cent from manufacturing. [2]

"As individuals, each and every one of us can and must make a difference. When we waste food, the ramifications go far beyond just dollars, impacting our planet and precious resources. We know from this research that more than three quarters of us care about reducing food waste and are annoyed by it. However, it is alarming that less than three out of 10 of us recognise the impact our food waste has on the environment", Wealands added.

We need to raise awareness and change behaviour

Most Aussies don’t link the impact of their own household waste to bigger picture issues with 54 per cent believing it contributes to landfill, yet only four in ten linking it to pollution and one third recognising it increases Co2 emissions. Less than a third of Australians connect the impact of their waste with climate change, water shortages and animals becoming extinct.

Consistent with previous years, the top reasons for household waste include food not being prepared properly, not knowing what to do with left overs, buying too much and changing plans.

Consumers are also finding new ways to waste food with the rapid uptake of food delivery services linked to our increasing food waste habits.

Gen Z has work to do

Gen Z are the future custodians of this planet, they make up a quarter of the population and are the most socially aware generation. However today, they’re also the biggest culprits when it comes to food waste, according to the survey, binning $1,446 of the food they purchase every year, up $234 from 2018.

Baby Boomers remain the least wasteful of all Australians, throwing out only $498 of their food.

Across the states

In 2019, there was an increase in food waste across all of the states. However, Queenslanders have been keeping the closest eye on their waste habits, indicating the smallest increase in food waste year on year. People living in capital cities waste 14 per cent of their weekly shop, compared to people in rural areas who only waste 11 per cent.

Mr Wealands added: "But there is hope! We have some fantastic organisations in Australia that are committed to fighting food waste, such as OzHarvest, Foodbank and Yume."

"However, we can definitely learn from best practice in other countries, for example, governments in Italy and France banned supermarket food waste in 2016, legislating that unsold goods must be given to food banks or charities. Ultimately, wasting more than ever before."

The 2019 Rabobank Food Waste Report is part of Rabobanks annual Financial Health Barometer (FHB), surveying over 2,300 financial decision makers aged between 18 and 65, polling attitudes and behaviours towards saving, debt, farming, food production and food waste.

The full Rabobank 2019 Food Waste Report including more statistics and segmented data can be downloaded here www.rabobank.com.au/foodwaste/

For further information or to arrange an interview, please contact DEC PR on:

Rabobank@decpr.com.au

02 8014 5033

The Rabobank Financial Health Barometer / Food Waste Report 2019

• The Financial Health Barometer (FHB) is an annual survey of Australian’s attitudes and behaviours towards saving, debt, farming, food production and food waste.
• The survey, now in its ninth year, polls over 2,300 financial decision makers aged between 18 and 65. Results are weighted by gender, age and location according to statistics from the Australian Bureau of Statistics.
• The 2019 Rabobank Food Waste Report highlights our latest research on food waste, covering consumer trends, habits, concerns and action.
• Rabobank will continue to cover these important issues and work to build greater awareness and action against Food Waste.

About Rabobank

• Founded by farmers for farmers in 1898, Rabobank is the world’s leading food and agribusiness bank whose mission is to help feed a growing world population more sustainably – supporting farmers across 54 countries to grow more with less.
• 100% of Rabobank Australia’s deposits are used to fund local food & agribusiness, which means that by saving with Rabobank, you’re growing your savings and supporting Aussie farmers to bring food to our tables.

• The RaboTruck and Rabobank Food Waste report are part of Rabobank’s commitment to raise awareness of the farm to fork journey in Australia and the impacts of food waste to create a more sustainable food future.