Consumer group CHOICE has conducted a review of supermarket own brand foods, comparing them to various popular branded equivalents in terms of nutrition and taste. “The rise in supermarket-own brands has been phenomenal in Australia, with Coles and Woolworths leading the charge, closely followed by the popular discount chain, Aldi,” wrote CHOICE author Rebecca Gatto. “Private labels now account for almost a quarter of all grocery sales, and there are few supermarket categories that... ...Read more »

Despite posting record earnings, with a net income increase of 16%, up to $449 million, Australian company Coca-Cola Amatil’s share price dropped today.  Stock market experts described Coca-Cola Amatil’s results as ‘solid’, but not good enough to justify its share price. Developing markets Indonesia and Papua New Guinea posted revenue growth of almost 22%, and the Food & Services Division (including SPC Aardmona) reported earnings growth of over 20%. Strong performance... ...Read more »