Saturday, December 09, 2006
Ozzie Banana Cartel Up and Running Again
After a year of shutting out reasonably priced bananas from average Australian families and being blamed for contributing to inflation, the good old Ozzie Banana is back on the shelves under $5 a kilo. Banana plantations destroyed by Cyclone Larry have been replaced and the first harvest is starting to hit the shops. Still not cheap, but beginning to be affordable. The banana lobby held firm and will once again control the market. So much for the free market. It is fine if it is manufacturing and companies are allowed to go to the wall, but don't mess with agricultural commodities. Must be an election coming up.