July 22nd, 2007
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Foreign owned companies do create jobs for tax paying Australian’s, but their profits go overseas. There is a better alternative and that is Australian owned and made. Let’s create jobs for Australians while keeping the profits in Australia.
SPC was bought by Coca Cola Amatil which is 37% owned by Coca Cola of the USA and also has a marketing agreement with Amatil. This agreement, plus the 37% share, effectively gives control to the USA. Consequently, Ausbuy treats them as an overseas company.
The correct organisation is the ACCC (Australian Competition and Consumer Commission).
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