Australian families are turning to artificial intelligence to combat soaring grocery costs, with new apps helping shoppers save hundreds of dollars each month.
Over the past five years, grocery prices have shot up 25 per cent, forcing households to find creative ways to stretch their budgets.
WATCH THE VIDEO ABOVE: AI apps slash grocery bills by 25 per cent
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As a stay-at-home mum to two-year-old, Milly Thiele watches every cent.
“[We’re] living on one income at the moment, so saving everywhere we can,” she said.
Thiele is using the latest technology to seek out and save on expensive essentials.
“Nappies is probably number one,” she said.
Now millions are turning to grocery comparison apps to check prices in real time across thousands of retailers.
Richard Stevens, chief executive of tracker Zyft, said his platform compares “across 50,000 retailers in Australia across 140 million products.”
New data from Zyft has found shoppers can slash a $290 spend to $217 by “split shopping”, or visiting different shops for the best deal.
The savings can be substantial on individual items.
Finder personal finance expert Sarah Megginson said “big bulk packs” bought outside the supermarket are “often substantially cheaper”.
Some of the best big-ticket household bargains can be found at pharmacies, discount and hardware stores, but experts warn driving from shop to shop to find them can be costly.
