Episode Details

Australian coffee sales plummet as consumers tighten belts due to soaring petrol prices and living costs. National Australia Bank research shows over half of consumers cutting back on treats like coffee and snacks. The trend accelerated with Middle East tensions disrupting oil supplies, leading to a sharp drop in consumer sentiment. Cafe owners face fewer takeaway orders and price-sensitive customers. Economists warn of potential fuel rationing and recession risk. However, spending is easing, not crashing, as consumers reclaim control in uncertain times. Other habits suggest caution, with more buy-now-pay-later for essentials and shared meals. The coffee cutback may signal bigger economic cracks ahead.

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