Support Local Business & Independent grocers/fuel operators

If every Australian changed from buying foreign owned to Australian owned we would save $46.8 billion. 18 million Australians at $50 per week = $46.8 billion. For example, if you buy a bottle of Perrier mineral water at least 85% of the cost will end up overseas, with a small amount staying for the Australian labour required to get the product to the cash register. If Australian mineral water is bought, then it will be Australian water, Australian bottle, Australian labour, Australian profits with almost all the money staying in Australia.

The accepted figure used by the Government sponsored ISO offices is that for every $1 million of orders placed in Australia, 30 full time jobs are created, this rate is conservative. Example, if an engineering business in a town gets a contract for $1 million of work then much of the wages paid to the staff will be spent in the town, thus creating other jobs. This is called the multiplier effect .

Using the conservative rate of $1 million of Australian purchases creates 30 full time jobs, then $1 billion creates 30,000 full time jobs. The money saved of $28 billion at 30,000 jobs per $1 billion means we create 840,000 new full-time jobs, but let’s say conservatively 500,000.

So if every Australian redirected just $50 per week from foreign owned and made to Australian owned and made we would

•Save at least $20 billion a year on our current account deficit.

•Create at least 500,000 new full time jobs.