“That’s Bananas!” Pyrmont, Redfern and Bondi Junction…bonus banana index

I’m not letting the receipts build up! That’s just bananas! Only two to list, thanks to my hoarding of food. I’m trying to make things like muesli bars from scratch so my children are getting a healthier option to mass-produced items. The novelty, for them, wore off after a week. I however still have plenty of sesame seeds, pepitas and rolled oats to use….

I want you to google the Australian Financial Review’s cover story in this weekend’s edition (April 2-3, 2011) – “Battle of the Brands” by Neil Shoebridge. I can’t link it, as you have to be a subscriber (14 day free trial available). The 3 page report discusses whether the benefit of supermarket price wars will result in consumers losing choice of brands. There is also a secondary consideration canvassed by Sue Mitchell, that is the battle Coles is waging against multinational grocery companies – Coles argues the multinationals have been “gouging” the Australian market: “Australian consumers pay at least 10%, and as much as 100%, more than their UK counterparts for packaged groceries, from bread and milk to pantry staples such as baked beans and instant coffee, household cleaners and little luxuries such as chocolate”. Brilliant reading.

Banana Index
There’s been a slow creep in banana prices thanks to TC Yasi, more of an increase, anecdotally, in the recent weeks. TC Yasi, you may recall effectively wiped out a great deal of North Queensland. The region which produces 75% of the bananas sold in Australia.

Divine Fruit Market Eastgate Bondi Junction 30/03/11 $11.95/kg
Coles Pyrmont 02/04/11 $12.98/kg
Kozma’s Convenience Store George St Redfern 05/04/11 $11.90/kg

Divine Fruit Market Eastgate Bondi Junction 30/03/11
Pears $1.50/kg
Blueberries 125g $3.95
Apples delicious $1.99/kg
Tray 6 figs $3.99
Bananas $11.98

Coles Pyrmont 02/04/11

Bananas $12.98/kg
Up & Go 6 pack $7.66
Sanitarium Weetbix 1.3 kg $5.00
Superior Gold Smoked Salmon 100g **special** $4.00