I'm interested in what my fellow bargain hunters think of this dilemma. Coles and Aldi have decided to increase the price of milk by 10c/L to boost farmer pay. IGA has not yet followed.
Source: https://www.abc.net.au/news/2019-03-19/coles-aldi-milk-price…
Personally, I am not concerned at all. Even if someone drinks 1L of milk per day, the increased cost is only $36.50 annually; a hardly noticeable sum when the average person spends $5000+ per person on groceries.
The second dilemma is, will this increase the cost of cafe coffees, milkshakes and teas, now that milk has gone up 10%? I assume most businesses will pass on the costs to the consumer.
So my question IS, are there any people out there who'd actually be offended by this price increase? What mitigating factors will you put into play so that the weekly budget is once again balanced? Is $1/week even worth worrying about?
Businesses are free to charge what they please. I won't take offense but treat these businesses in contempt I will.
My cost of living goes up, I charge more for my services. This is typically an overall win for me. Same thing happens with minimum wage rises, cost of everything goes up and relative wealth doesn't really change, or may actually be worse off.
If you are, you need to work a 15 minute shift longer per week.