Floodwaters have hit farms and businesses across Victoria, leading agriculture analysts to predict price increases for dairy products, grain and fruit and vegetables.
Australian Treasurer Jim Chalmers has warned that people can expect even more pressure on the household budget.He said the government would be there to support people "in the usual way". "Agriculture analysts at Rabobank say this is likely to push up the prices of things like milk, dairy products, fruit and veg and grain," he said.Floodwaters have hit farms and businesses across Victoria, leading agriculture analysts to predict price increases for dairy products, grain and fruit and vegetables.
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