A recent commentary piece that Australians appear to be falling out of love with modified milks compared to the old straightforward variety, with around four per cent butterfat, was devoid of analysis.
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As the embers still glowed, several major bankers announced they would suspend capital repayments and defer interest charges.
- David Everist
It was claimed that modified milk sales had fallen seven per cent over the past three years, whilst full cream milk sales had increased seven per cent over the same period.
Maybe I live in another universe but surely the sale of a dollar a litre full cream milk should be attributed to the change.
You only have to walk into a major supermarket to see the shelf space ratio to know something is afoot.
This low-cost marketing campaign admittedly would have some consumers realising now that they had been missing out on a taste sensation.
We are being told that the low-priced, full cream option is being phased out.
Interesting times ahead. Whatever happens, it is unlikely dairy farmers will benefit.
Comfort
The banking sector was on the front foot after the disastrous February bushfires in NSW when over 30 rural homes were lost.
As the embers still glowed, several major bankers announced that they would suspend capital repayments and defer interest charges.
Amongst all the turmoil and emotion this would have been a major comfort to those affected.
Rapid assessments by insurance companies will also allow those whose lives have been shattered by the fires to gain some semblance of normality.
With all the chat about a banking royal commission, this has been a wonderful and positive step forward.
Faking it
Anyone who has travelled to Asia knows what a fake or counterfeit watch or handbag is.
Well, now it appears we have counterfeit wine in China.
Enterprising groups scour upmarket restaurants for empty bottles.
These are then refilled with presentable cheaper wine and sold to the unsuspecting.
This has forced restaurants to smash all of their empty bottles.