As Australian as you can get
85% of the products in the average Australian grocery trolley are either imported or made by foreign owned companies. This results in $100 million a day going outside Australia. By comparison, in Japan, 98% of goods in supermarkets are owned by Japanese organisations.
There are two key reasons to support Australian owned companies – profits stay in Australia and jobs are created for Australians. If every Australian redirects $10 per week from foreign owned companies and foreign made items to Australian products, Australia would save $4 billion per year and create 100,000 new jobs. (Source: Ausbuy)
|Foreign ownership of Australian companies has doubled in the past decade. The money leaving Australia to foreign interests reached $12 billion in 1999. (Source: Sun Herald 17 September 2000). The following list of Australian food categories list the level of foreign ownership).|
|Food Category||% foreign ownership||Food Category||% foreign ownership|
|Baby food||100||Breakfast cereals||65|
|Beef Processing||75||Frozen Vegetables||85|
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