Australians are increasingly opting for locally made products, even at a time when overseas options are becoming more readily available, according to new market research.
Though the terms of Australia’s approach to its “Asian Century” policy might need some finessing, there is no doubt China still holds massive potential—as long as businesses learn how to network the local way.
Troubled SPC Ardmona has lashed out at claims by the Australian prime minister that the company is a “union shop”, and that the cause of its difficulties are because of “over generous” allowances and “extraordinary” staff conditions.
Food is expected to be one of Australia’s top five exports in the next decade, at a time when Asian markets are expected to remain the top export destinations for the country, a new report from research firm IBISWorld has said.
Australian consumers and retailers will have to decide whether to support local food producers or watch the sector diminish, the head of beverages supplier Coca-Cola Amatil (CCA) said.