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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 |
| Abattoirs | 80 | Bread (major) | 50 |
| Baby food | 100 | Breakfast cereals | 65 |
| Baked Beans | 80 | Cheese | 50 |
| Beef Processing | 75 | Frozen Vegetables | 85 |
| Beer | 50 | Meat Pies | 40 |
| Biscuits | 90 | Pet Food | 85 |
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Australia has THE BEST food products in the world, and to celebrate this, Dick Smith's Gourmet