Back to Blog

Better Budget: Food Waste Reduction

4 May 20255 min readBy Jarrod Kirkland
Better Budget: Food Waste Reduction

Key Takeaways

  • 1NZ households waste $1,364 of food per year on average.
  • 2Vegetables and bread are the most commonly wasted foods.
  • 3Best before dates indicate quality, not safety.
  • 4Meal planning before shopping significantly reduces waste.
  • 5Proper storage can extend food life and reduce spoilage.

NZ households waste $1,364 worth of food annually. Simple changes to shopping, storage and meal planning can keep more money in your pocket.

New Zealand households throw away an average of $1,364 worth of food every year. Nationally, that adds up to $3 billion of wasted groceries, and the environmental impact is significant with food waste contributing 4 percent of the country's total greenhouse gas emissions. Reducing food waste is one of the most effective ways to cut household expenses without changing what you eat.

Understanding What Gets Wasted

Vegetables are the most wasted food category in New Zealand, making up 57 percent of discarded food. They often get pushed to the back of the fridge and forgotten, or bought with good intentions that do not translate into meals.

Bread is the single most wasted item, with approximately 20 million loaves thrown away annually across the country. Other commonly wasted foods include fruit, leftovers, and dairy products.

The 2025 Rabobank KiwiHarvest survey found that the average household wastes 10.9 percent of the food they buy each week. While this has improved from 12.2 percent in 2023, there is still significant room for most families to reduce waste further.

Why Food Gets Thrown Out

Survey respondents consistently cite two main reasons for food waste. The most common at 45 percent is food going off before they can eat it. The second at 33 percent is confusion around use by and best before dates.

Understanding the difference between these dates helps reduce unnecessary waste. Use by dates indicate food safety and should be followed. Best before dates indicate quality, meaning food is often still perfectly safe to eat after this date, just potentially past its peak freshness.

Meal Planning Makes a Difference

Planning meals before shopping significantly reduces waste. When you know what you are cooking for the week, you buy only what you need rather than aspirational ingredients that languish in the fridge.

A simple approach is planning five dinners per week, leaving flexibility for leftovers or takeaways. Check what you already have before shopping and build meals around ingredients that need using first.

Smart Storage Extends Life

Proper storage dramatically extends the usable life of fresh food. Vegetables like carrots, celery, and lettuce last much longer when stored correctly in the fridge. Bread freezes well and can be toasted directly from frozen.

The Love Food Hate Waste campaign, which launched in New Zealand in 2016, provides detailed storage guides for different food types. Households who follow the campaign's advice reduced their food waste by 27 percent.

Using Leftovers Effectively

Cooking appropriate portions and using leftovers for subsequent meals reduces waste and saves cooking time. Leftover vegetables become soup, stir fry, or frittata ingredients. Cooked rice and pasta form the base of quick meals.

Freezing portions of home cooked meals provides convenient future dinners while ensuring nothing goes to waste. Label containers with contents and date to keep track of what needs eating first.

Shopping Habits That Reduce Waste

Buying smaller quantities more frequently suits some households better than weekly bulk shopping, particularly for perishables. Supermarket specials on items you will not use quickly do not represent savings if food ends up in the bin.

Check your fridge and pantry before shopping to avoid duplicate purchases. Using a shopping list based on planned meals prevents impulse buying of items that may not get used.

Real Budget Impact

Cutting your food waste by half would save the average household approximately $680 per year. Even modest reductions add up. Reducing waste from 11 percent to 8 percent of your grocery spend on a $300 weekly shop saves around $470 annually.

These savings require no change to the quality or variety of what you eat. You simply consume what you buy rather than sending it to landfill.

Need Help With Your Mortgage?

Our expert advisers are here to guide you through every step of your mortgage journey. Get in touch for a free, no-obligation consultation.

Talk to an Adviser

Frequently Asked Questions

How much food do NZ households waste each year?

The average New Zealand household wastes $1,364 worth of food annually, representing about 10.9 percent of groceries purchased. Nationally this totals $3 billion per year.

What foods are most commonly wasted in NZ?

Vegetables make up 57 percent of wasted food. Bread is the single most wasted item, with 20 million loaves thrown away annually. Fruit, leftovers, and dairy are also commonly wasted.

What is the difference between use by and best before dates?

Use by dates indicate food safety and should be followed. Best before dates indicate quality, meaning food is often still safe to eat after this date but may not be at peak freshness.

How can I reduce food waste at home?

Plan meals before shopping, store food correctly, use leftovers creatively, and check what you have before buying more. The Love Food Hate Waste campaign found these practices reduced waste by 27 percent.

How much money could I save by reducing food waste?

Halving your food waste saves approximately $680 per year based on average figures. Even reducing waste from 11 to 8 percent of groceries on a $300 weekly shop saves around $470 annually.

Disclaimer

The information on this website is for general guidance only and does not constitute financial or investment advice. Always do your own research and seek personalised advice from a qualified financial adviser or mortgage adviser before making financial decisions. All investments carry risk and past performance is not indicative of future results.

Get the Mortgage Lab App

Access all our articles, calculators and tools on the go. Free on the App Store.

Download on the
App Store

Find an Adviser Near You

We can process your mortgage from anywhere in New Zealand using video meetings. If you don't live in one of these areas, simply choose any region to find an adviser.