Magnificent Australian grown foods

Why Buy Australian Owned

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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