12: Why Australian Steaks Are The World’s Most Expensive

Nutrien Agriculture Managing Director, Rob Clayton discusses with Burgernomics host Ross MacDowell If Australia is the ‘land of plenty’, why do we pay more for our steaks than every other major country? Is it droughts, corporate farm buy outs, supermarket profiteering, the Aussie dollar or is Australia feeding the rest of the world before our own domestic market?Rob Clayton runs one of Australia’s largest agriculture businesses. Rob joins Ross MacDowell to cut through the myths and theories behind Australia's high beef prices to describe the battle between the forces of supply and demand. Can Rob answer the all important question... will your steak become more affordable in the future? Rob simplifies agricultural economics by taking the Burgernomics Test applying his knowledge to all the ingredients making up the cost of a hamburger.