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Australians brace for a hot chip shortage amid wild weather

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Australians brace for a hot chip shortage following weeks of torrential rain

Australians are bracing for a potential hot chip shortage following weeks of severe weather conditions.

The Victorian Farmer’s Federation says the region’s growers are preparing for a “challenging season.”

The crucial growing period has been shortened by six weeks, due to the state’s recent wet and wild weather.

Typically, potatoes are planted around late October to November. This year, the season’s extreme weather will only allow planting to begin from December.

On top of this, farmers say rising costs of fuel and fertiliser as well as a tough labour market are making it difficult to get ahead.

There are now concerns this will be the final nail in the coffin for many of the industry’s biggest suppliers. Many of whom are fed up with the challenging conditions.

There are reports many growers have downsized their farms, planting fewer acres of crops.

Owners of fish and chip stores say they’re already seeing a price hike, with a 15 kilogram box rising from from $31 to about $41.

They are being told is that there are no potatoes in Victoria and the suppliers have to source from other parts of the nation and the world.

Consumers are being urged to buy their chips from outside of major supermarkets if possible to help sustain the industry.

 

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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