INTHEBLACK: Uncovering the staggering cost of food waste

INTHEBLACK: Uncovering the staggering cost of food waste

Author: CPA Australia December 22, 2024 Duration: 24:02

Did you know that in Australia alone 312kg of food per person, per year is thrown away? In fact, food waste costs the Australian economy around $36.6 billion each year.

Australian households spend around $2500 every year on food that's wasted. And most of that ends up in landfills. 

This episode explores the underlying causes that contribute to such shocking food waste and looks at some effective solutions that can be implemented to address the problem.

Tune in now. 

Host: Garreth Hanley, CPA Australia

Guest: Terence Jeyaretnam, an environmental engineer and Partner at EY in the Climate Change and Sustainability practice, based in Melbourne 

For more on today's topic, head to the National Food Waste Strategy, which aims to halve Australia's food waste by 2030. 

Further guidance is available on the Department of Climate Change, Energy, the Environment and Water site.

Additional information: 

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting: 

Search for them in your podcast platform. 

You can email the podcast team at podcasts@cpaaustralia.com.au


Tune in to With Interest for a clear-eyed look at the forces shaping the world of business and finance. Presented by CPA Australia, this weekly discussion moves beyond the headlines to explore the practical implications of change for accounting professionals, business leaders, and anyone with a stake in the economic landscape. You’ll hear from practitioners and experts who break down complex topics in auditing, taxation, and corporate strategy into actionable insights. The conversations in this podcast are grounded in real-world application, whether the subject is a shift in regulatory frameworks, emerging leadership challenges, or broader economic trends. It’s a resource designed to inform your decisions and deepen your understanding of the professional landscape. For those looking to stay current and think critically about their work, With Interest provides a reliable and engaging audio companion. Each episode serves as a timely update and a catalyst for deeper professional reflection, all delivered with the authority and depth you would expect from CPA Australia.
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