Statement:
In Australia, people spend less of their household budget on food and non-alcoholic beverages than in Laos

In the Where households spend more on food rating Australia holds position #129 ²⁰²¹ out of 138 and Laos is #17 out of 138 ²⁰²¹.
Position of Australia is better than position of Laos.
Australia is an outsider of the "Where households spend more on food" rating. People spending a small part of their budget on food indicates a high standard of living, compared to Laos

Referencies:

1. Where households spend more on food ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.

   Australia	'% of household budget for food and non-alcoholic beverages' value is	12.08
   Laos	'% of household budget for food and non-alcoholic beverages' value is	46.09