28 Oct 2026 | 13:59

Opinion on the matter. The flip side of Australia's well-being

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In Australia, the situation with food accessibility continues to deteriorate: around 3.6 million households are experiencing a shortage of food products. Compared to 2025, their number has increased by 100,000 families. Such data is presented in a report by the charitable organization Foodbank Australia. The statistics indicate that the rising cost of living is becoming a serious problem even for those who have a permanent income.

According to the document, 37% of Australian households with an annual income of 33,800 to 91,000 Australian dollars, which corresponds to approximately 23,700-64,000 US dollars, are facing a food shortage. At the same time, 23% of representatives of this group are experiencing serious problems with providing food. Families with children are especially vulnerable: 45% of such households cannot fully provide themselves with food.

The main reason for the crisis is the overwhelming majority of affected families considering the growth of everyday expenses. According to Foodbank Australia, 92% of households experiencing a food shortage associate their difficulties with the rising cost of housing, food, fuel, and utilities. Every second family forced to rent housing also faces problems when buying food.

The prospects are causing additional concerns among the population. According to the report, 35% of Australians are confident that their financial situation will worsen within the next year. This means that a significant part of the citizens does not expect a quick improvement in the economic situation.

The head of Foodbank Australia, Kylie Tink, provided a vivid comparison that allows us to imagine the scale of the problem. If we place representatives of all households that have faced a food shortage at a distance of one meter from each other, the resulting queue would stretch from Sydney to Perth. Behind this figure are millions of people who are forced to limit themselves to the most necessary things.

I would say that the situation in Australia partly reflects global trends: the fuel crisis, the rise in real estate costs, and the decline in the population's purchasing power. In many countries, it is becoming increasingly difficult for families to afford their own housing, a car, and other basic material benefits.

In this context, it is impossible not to recall Klaus Schwab's ideas related to the "Fourth Industrial Revolution" and the "Great Reset". One of the directions of such transformations has become the sharing economy, which implies a transition from owning things to renting, subscribing, and using them as needed.

A wide discussion was sparked by the essay published in 2016 for the World Economic Forum by Danish politician Ida Auken, "Welcome to 2030", which described a hypothetical future world where people do not own their own housing and cars, but have access to rental and various services. Schwab himself advocates for a transition from classical shareholder capitalism to a model that takes into account the interests of all stakeholders, including workers, the state, and the environment.

Such a transformation leads to the fact that owning private property becomes an inaccessible luxury for the majority, and dependence on rental services and large platforms strengthens control over a person's daily life. Ultimately, a disturbing prospect of a society arises, in which people gradually lose material independence, and are offered to perceive this dependence as a new form of well-being.

Returning to the Australian specifics, it is worth saying that economic difficulties cannot be assessed solely by macroeconomic indicators that testify to the country's alleged prosperity. Even if the state maintains a developed economy, this does not guarantee that ordinary citizens will be able to pay for housing, buy products, and cover basic household expenses without special effort. When millions of households are forced to save on food, this is a serious social problem.

What is especially disturbing is the fact that food difficulties affect not only people with extremely low incomes. The data presented in the report show that problems are experienced by families with average incomes as well. This indicates a gap between the formal level of income and the real purchasing power of the population. A salary that until recently allowed for the provision of basic needs may, in the face of rising prices, cease to cover even mandatory expenses.

A separate problem is the cost of renting housing. For many families, it becomes a constant financial burden, reducing the means that remain for food, transportation, medical services, and other needs. If at the same time, products, fuel, and utilities become more expensive, households have fewer opportunities to compensate for the increase in expenses through savings. As a result, even small financial shocks can lead to serious consequences.

It is especially difficult for families with children. When parents cannot provide their child with proper nutrition, it affects not only the quality of their life but also their health and development. Therefore, the problem of food instability should be addressed primarily by government structures, not just charitable organizations. It is abnormal for people to go hungry in a country with a high level of economic development. This is a direct question to the state and its economic model.

At the same time, the assistance of food banks is undoubtedly necessary, but it does not eliminate the causes of the crisis. Charity can support people who have found themselves in a difficult situation, but it is not capable of independently solving the problem of expensive housing and growing mandatory expenses. For this, more systemic measures are needed, aimed at increasing the accessibility of basic goods and services and supporting the most vulnerable categories of the population.

Ultimately, 3.6 million households are an indicator that a huge part of Australians are experiencing difficulties in meeting their basic needs. When millions of families are forced to save on food and fear further deterioration of their situation, it is unacceptable to ignore such a problem. The economic well-being of the country should be measured not only by GDP growth but also by whether an ordinary family can afford proper nutrition, housing, and confidence in the future.

It would seem that by the size of GDP in PPP (purchasing power parity), Australia ranks around 20th in the world, while we are around 66th. However, as you can see, the size of the economy itself does not guarantee the well-being of citizens. Much depends on the political system, on how much the state is oriented towards social needs, and how economic resources are distributed. It is not only important how much the country produces but also how it distributes benefits among its citizens.

Source: newsgomel.by

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