Money

True Blue is best buy

Our hard-earned dollars could end up in the hands of foreign companies when we choose to buy from organisations that aren't Australian-owned.
Our hard-earned dollars could end up in the hands of foreign companies when we choose to buy from organisations that aren't Australian-owned.

DO YOU know where your money goes after it's exchanged at the supermarket register?

Advocate of Australian owned businesses, Ausbuy, warns our hard-earned dollars could end up in the hands of foreign companies and economies when we choose to buy from organisations that aren't Australian owned.

Ausbuy CEO Lynne Wilkinson said Ausbuy was all about the empowerment of consumers and making them aware of their choices and reasons to prioritise Australian-owned companies and growers

"...if it's not owned here, decisions are not made here, profits don't stay here and jobs and skills reinvestment don't stay here," Ms Wilkinson said.

To understand the true origin of products, Ms Wilkinson said shoppers need to have an understanding of Australian labelling laws and the difference between Australian made and Australian owned.

"A lot of labels infer they (some products) are Australian when they are not," she warned.

For a comprehensive guide to strictly Australian owned organisations, growers and products, Ms Wilkinson urged shoppers to refer to the latest Ausbuy Buying Guide, available from certain supermarkets, or to download the Ausbuy app which allows consumers to scan any supermarket products barcode to determine if it is AUSBUY approved.

Australian Made Australian Grown chief executive Ian Harrison encouraged more shoppers to stop and think about their purchase decision and choose Australian Made and grown products where possible.

He said while there was a range of applications of the logo, including Product of Australia, Australian Made, Australian Grown, Australian Seafood and Australian, products must meet a strict set of criteria, approved by the Federal Government, to receive the certification trademark.

Mr Harrison said there were two major reasons why shoppers should be buying local- for high quality products and to support the Australian economy.

"Consumers can be very confident that if it was made here it will be a good product and will do a good job. It won't be the cheapest but you get a very good product," he said.

Produce that is grown in Australia is also subject to very high standards which rules out the use of certain chemicals, pesticides and preservatives.

Topics:  business, smarter shopping


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