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World Food at Record High Prices

Enjoy "cheap" food prices now, because they are going to rise and stay high long into the future. The world population is increasing and developing countries are developing Western tastes. Meat demand is increasing, particularly beef. When drought hits, like in Russia, the US, Ukraine and Kazakhstan at present, high demand pushes food prices up. Farmers reap the benefit. South Australian farmers are getting 30 per cent more for grain. Though Australia relies on the export of minerals for income, it is hoped that this country will be one of the world's future food baskets. Everyone concentrates on the mineral industry. Note that SA's agricultural income rose by at third from 2009-10 to 2010-11. This is a result of food being at record high prices over the last two months. When the US cannot supply Australia jumps in as provider. This has always been the case. The reverse is also true. Another factor in rising prices is that local consumers are moving to ch...

The Poor Have to Live With High Rents

The poor in Australia are doing it tough. While the economy is booming the price of housing has continued to rise. Despite the recent levelling off, further increases are forecast. With the higher valuation come higher monthly mortgage repayments and rental payments must keep up with this. Only one per cent of low income earners can afford to pay such rents. If you are on welfare and cannot get public accommodation forget it - you have to live on the street, unless you live with relatives and friends who can put a roof over yours head. The real problem is not the cost of actually building a house. Modular housing can be purchased, but people who have new houses put up do not chose such basic designs. Rental housing is largely designed for the wrong people. Unless government takes the lead and actually builds modular housing for the poor the situation will stay the same. Costs involved in getting land ready for construction is the real problem. Land levelling and servicing is v...