Food prices around the world have hit a 10-year high during the pandemic – with the biggest rises affecting some of the poorest countries
According to a new world vision report, soaring food prices combined with lockdown-induced job losses and disrupted nutrition services has fuelled a global hunger crisis
World Vision Australia CEO Daniel Wordsworth joined ticker to share more on World Vision’s Price Shocks report.
Thought the cost of groceries in Australia had climbed during COVID?
Well, we Australia is still the ‘lucky country’, compared to places like Syria, east Africa or Myanmar, where the cost of food has soared by more than 50 per cent since the pandemic began.
That’s the finding of a new World Vision report which has found food prices have not only hit a 10-year high during COVID, but that the biggest rises are hitting the world’s poorest the hardest.
World Vision’s Price Shocks report compared the cost of a basket of 10 staple items in 31 countries and found Australians would have to work an average of one hour to pay for the 10 items, while people in Syria would have to work three days and in South Sudan eight days.
“In many countries around the world where well, visions working, you already have environments that are very fragile. So they’re already struggling, maybe with conflict, maybe with large scale people movement in a place like Lebanon, for example,” Daniel told ticker NEWS.
He said when you put on top of that COVID, it’s plunged the World Food System in a kind of crisis, you have less food being made, because there are less workers and less ability to get into those spaces, the movement of that food into marketplaces are restricted because of COVID, the ability to process it, then the ability to take it into micro places and sell it, all of this has been threatened by COVID.
“You have 3 billion people going to bed at night without enough food.”
Price Shocks found between February 2020 and July 2021, while Australian food prices rose by just 3.5 per cent, prices increased in Myanmar by 54 per cent, Lebanon 48 per cent, Mozambique 38.3 per cent, Vanuatu 30.9 per cent, Syria 29.2 per cent and Timor-Leste 17.7 per cent – affecting mainly people who could least afford it.
Daniel said the report confirmed the aftershocks of COVID-19 had the potential to exact a greater toll on the world than the virus itself.
“Job losses and lower incomes from the pandemic are forcing millions of families to skip meals, go for cheaper, less nutritious food, or go without food altogether,” Daniel said.
The report also cites a recent study which estimated by the end of 2022, the nutrition crisis caused by COVID-19 could result in 283,000 more deaths of children aged under five, 13.6 million more children suffering from wasting or acute malnutrition and 2.6 million more children suffering from stunting. This would equate to 250 children dying each day from pandemic-related malnutrition.
“As always, children suffer the most – they are the most vulnerable to hunger because they have a greater need for nutrients, they become undernourished faster than adults and are at a much higher risk of dying from starvation,” Daniel said.
Daniel said World Vision had been responding to the hunger crisis, reaching 12 million of the world’s most vulnerable people in 29 countries with food and nutrition in 2020 alone.
And he was confident Australians would step up to help organisations like World Vision provide emergency food and cash assistance to those in need. World Vision has also urged the Australian Government to commit $AU150 million famine-prevention package to avert a worsening of the crisis.
“Generosity in the face of need is in our DNA, so I am certain Australians will respond – the same way we responded to the Boxing Day tsunami, the Ethiopia famine and the Beirut port explosion.”
Australian diplomats’ families in Israel and Lebanon urged to evacuate amid rising tensions; all Australians advised to leave soon.
Families of Australian diplomats in Israel and Lebanon have been ordered to evacuate as tensions in the region continue to rise. The government is prioritising the safety of its personnel and their families.
All other Australians have been urged to leave while commercial flights and other travel options are still available. Authorities are emphasising the importance of acting quickly before options become limited.
The Department of Foreign Affairs and Trade has warned that the security situation in the Middle East remains unpredictable and volatile.
Trump warns Iran on nuclear weapons and highlights threats, as the US boosts military presence amid stalled talks.
President Donald Trump laid out a strong warning to Iran during his State of the Union address. He labelled Tehran as the world’s biggest sponsor of terrorism and signalled that the U.S. might take action if Iran continues its nuclear ambitions.
Trump emphasised that Iran’s missile and nuclear programs, along with its backing of militant groups, pose serious threats to regional stability.
This comes amid growing concerns over Iran’s nuclear developments and the stalled diplomatic efforts to curb them.
In Short:
– Qantas reported a $1.46 billion half-year profit, planning to create 8,500 jobs by 2030.
– Frequent Flyer program changes include earning status credits on the ground and rolling over excess credits.
The Qantas Group reported a record half-year profit of $1.46 billion for the first half of the 2026 financial year, an increase of $71 million compared to the previous period. The airline plans to create 8,500 jobs by 2030 and re-establish a cabin crew base in Singapore, along with new initiatives for frequent flyers.Statutory profit after tax rose to $925 million, allowing shareholders to receive a fully franked dividend of 19.8 cents per share.
The current underlying profit surpasses the record set in 2023 under former CEO Alan Joyce. Chief executive Vanessa Hudson highlighted a commitment to customer, employee, and shareholder satisfaction while emphasizing ongoing investments in fleet renewal.
As Qantas adds new aircraft to its fleet, it anticipates the creation of jobs, including 3,500 additional cabin crew and 1,000 pilots.
A new Jetstar cabin crew base will open in Perth later this year, generating 90 roles, while Singapore is expected to accommodate 400 cabin crew members.
Qantas CEo Vanessa Hudson.
Frequent Flyer Changes
Qantas will implement significant changes to its Frequent Flyer program. Members can now earn status credits on the ground through credit cards and program partners.
They will also have the option to rollover up to 50% of excess status credits from one year to the next.
Hudson stated the overhaul aims to enhance flexibility and recognition for members amid a changing loyalty landscape.