Anthony Albanese says ‘no doubt’ flood damage to farms means higher grocery prices

PM warns of inflationary impact and hit to budget from flooding in Victoria, New South Wales and Tasmania

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Prime minister Anthony Albanese is warning of higher grocery prices and resulting inflation in the wake of the devastating floods swamping much of the eastern seaboard, with fears consumers will feel the pinch on fruit, vegetables and meat.

The government says there will be unavoidable cost of living impacts from damage to agricultural land in Victoria, New South Wales and Tasmania.

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