Coffee Prices and the Cost of Living in Australia

If you’ve noticed your morning brew costing a little more lately, you’re not imagining things. Coffee prices are once again under the spotlight, offering a small but telling insight into the wider cost-of-living pressures faced by Australian households. Roasted coffee beans in Australia are now retailing between AUD 35 and AUD 60 per kilogram, placing the country firmly in the upper tier globally. In contrast, consumers in the United States are paying between USD 15 and USD 30, the UK between GBP 10 and GBP 25, Germany between EUR 12 and EUR 20, and Canada between CAD 20 and CAD 35 per kilogram. While coffee may not be a necessity, it’s a daily ritual for many - one that’s becoming harder to justify for families already stretched thin.

If coffee isn’t your thing, think on this.

In Australia, the retail price for green peas ranges between AUD 5.08 and AUD 6.54 per kilogram, positioning it at the higher end compared to other countries. For instance, in the United States, peas are priced between USD 0.96 and USD 1.92 per kilogram; in the United Kingdom, between GBP 0.78 and GBP 3.12 per kilogram; in Germany, between EUR 1.07 and EUR 3.53 per kilogram; and in Canada, between CAD 3.74 and CAD 6.84 per kilogram. These figures highlight Australia's elevated pea prices, contributing to the nation's heightened cost of living concerns.

With this backdrop, the federal election campaign is beginning to warm up. Prime Minister Anthony Albanese is stepping forward with the Labor government’s economic track record, pointing to falling inflation, low unemployment, and wage growth across the healthcare and education sectors. But with everyday expenses like coffee and groceries still biting, it’s not yet clear whether voters will reward him. On the other side, Peter Dutton is firming up his pitch to middle Australia with a focus on energy security, immigration reform, and cost-of-living pressure points. With a May election looking increasingly likely, both leaders are preparing for a campaign that promises to be highly personal and deeply economic.

Meanwhile, share markets are offering little comfort. The S&P 500 continues to drift lower following last week’s modest bounce, reinforcing concerns that recent price action may have been little more than a dead cat bounce. Investor sentiment is fragile, and global trade tensions - including Trump’s latest round of tariffs - aren’t helping. The ASX200 has followed the same trend this week, losing further ground as domestic growth concerns mount. Volatility is likely to remain elevated heading into April, with markets looking for some kind of clarity - be it from central banks or political leadership.

Gold and Silver continue their movements higher, with Gold yet again reaching another all time high.

Enjoy today’s technical forecast below.

Market Snapshot

• Gold – $AU4924
• Silver – $AU50.52
• US500 – 5382
• ASX200 – 7735
• AUD/USD – 0.63

Gold Futures Technical Analysis  

Technical indicators for Gold Futures suggest a STRONG BUY on both monthly and weekly analyses.  

Technical Indicators - Monthly Projections  

Summary for Monthly Forecast: Strong Buy  

*Not financial advice; please conduct your own research before making any investment decisions.*