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Why capping food prices won't work – and will actually make things worse

  • Written by Phil Lewis, Professor of Economics, University of Canberra

Australian shoppers are facing a crisis in the fresh-food aisles.

Iceberg lettuces that cost $2.80 a year ago have doubled, or tripled, in price. Brussel sprouts that cost $4 to $6 a kilogram are now $7 to $14. Beans that cost $5 to $6 a kilogram are now more than double – and five times as much in remote areas.

That’s if you can even...

Read more: Why capping food prices won't work – and will actually make things worse

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