20 April 2011

Yes! We Have No Bananas!

Australia has pretty restrictive food import rules so they can protect the local producers ... which means that, when a natural disaster hits Queensland, bananas become very scarce. 

Just over 4 years ago, a cyclone damaged a lot of banana plantations ... which saw the price of bananas rise to $7 a kilo for a couple of months (normally around $2 a kilo).

The recent Queensland floods and cyclone have had a much greater impact on the supply of bananas. For the last couple of months, bananas have been around $14 a kilo and prices are expected to remain high for some time.

Unlike last time, pretty much anything that contains bananas (like smoothies, cakes and banoffee pie) is becoming more and more expensive. Most things just aren't available or use dried bananas (now also more expensive).

The price of bananas is a bit of a running joke in my family as my parents in NZ can get bananas for $1 a kilo.  With no local industry to protect, bananas are always cheap and plentiful over there.

If you really like bananas, Australia is not the place to visit right now!

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