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A Good Story from the ABC Behind the News: http://www.abc.net.au/news/btn/story/s2667464.htm
During the tough economic conditions, a lot of people have
put forward plans to help local businesses hold off the recession and continue
to make money.
One of them put to the government a few months back was
the 'Buy Australia' campaign, which aimed to give preferential treatment to
Aussie companies when the government buys all it's goods and services and
encouraged you to do the same.
It sounds like a good idea, but how do you
know which companies are actually Australian? NATHAN BAZLEY, REPORTER:
Products, products, products.
Everyday we are faced with something being
sold to us.
There are so many options out there and the supermarket is
when most of us make the choice of what we'd like to buy.
NATHAN: But how
do you decide on what you want? Is it taste? Price? Or maybe how bright the
packaging is? Well one thing that probably hasn't crossed your mind is where a
product comes from.
Products bought in from overseas are called
imports.
USA is where most of our imports come from, followed by china,
then japan.
We pay them money and they sell us their stuff.
But
what you might have noticed is by doing that, our money is heading
overseas.
NATHAN: But some Australians have a problem with that. They
reckon money that heads overseas can't help our economy - it'll help theirs
instead.
If you spend your money on something Australian, then the money
is more likely to stay here.
So its a pretty good thing for local
businesses, who need to hire more staff, who spend more money; which is all
awesome for our economy.
NATHAN: So how do can you tell which products
are Australian and which aren't? Well there are three main types of labels you
can find on your food at home.
The first says 'Made in Australia', like
on this Vegemite, and while this might sound good, all it means is that more
than half of the cost of producing it was spent here.
The company that
makes Vegemite is actually owned overseas, so that's where some of the the
profits could go.
The second label is 'Product of Australia', like on
this long life milk.
This means it's mostly made here and at least some
of the ingredients are from Australia too. But the company still doesn't have to
be owned here.
The third label is 'Australian Owned and Made', like on
these cornflakes, and it's the best of all the labels for local
businesses.
It means that the product is made here AND the company is
mostly owned here, so the profits will hopefully stay put!
This is the
basis of the campaign to 'Buy Australian' and unions here spent a lot of time
trying to convince the government to do as much of its spending here as
possible.
But originally, they said no.
Wait. Why would they say
no to something that seems so good for the country?!
Well there are some
benefits to buying things overseas.
Things made in bigger countries can
often be made much, much cheaper than here at home; and if we buy lots of things
from other countries, they're often more happy to buy things off us.
So
it's a complicated argument!
Eventually, the government agreed to try to
buy Australian and it will set up a campaign to convince us to do the
same.
It's hoping that extra money bouncing around the country, will
result in a healthier economy and healthy smiles from producers
too.
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