Australians could soon pay $12 for a coffee as global costs surge A surge in global coffee prices has raised fears Australians could soon be paying up to $12 for a cup of coffee by the end of the year. Poor weather in Brazil, Colombia and Vietnam has damaged arabica crops, driving prices higher. Rising shipping costs and a weaker Australian dollar are adding further pressure. According to IBISWorld, more than 27,000 cafés nationwide face revenue falls of 1.1 per cent. Industry leaders said roasters and cafés were facing challenges in keeping prices reasonable. “Coffee is susceptible to weather and…
Author: Hiba Shahbaz
Doctors have warned the federal government’s bulk billing scheme set to start in November will do little to address the rising cost of running a clinic. The scheme will see doctors and practices receive an additional 12.5 per cent payment on top of Medicare rebates if they agree to bulk bill all patients. The government hopes the change will make healthcare more affordable and boost the number of fully bulk billing incentives to 4,800 by 2030. Unanderra GP Dr Aase Pacey said the incentive is unlikely to create widespread change. “It will possibly increase the access of care short term.…