Australian (ASX) Stock Market Forum

****ASF Breaking News****

His stuff was more expensive than other Australian made stuff.

Eg, his peanut butter was more expensive than other Aussie made bega peanut butter, his honey was more expensive than Aussie made Capilano honey.

Well it all seems to come down to the price.

No one talks quality any more. If a Chinese product wears out in a month, tough luck, chuck it away and buy another. There is no such thing as value for money.
 
Fruit and Veggies ain't that cheap.

They are super cheap, you can buy 1kg of frozen veg for less than $3 and rice is like $2 a kilo.

I an awesome vege thai Red curry two days ago, that had 4 huge servings that none of us could finish for $7.75 of ingredients, if I had added chicken, the chicken alone would have cost about $8.

Reverse your thinking on meals, Rather than start by thinking about what meat you want to have and then build a dish from that, Start by thinking about what the base is going to be eg Rice, Pasta, potatoes (all super cheap), then work out how you can add loads of veggies and sauces etc.

You will find that avoiding meat drops the cost, while also boosting the amount of nutrients.
 
Well it all seems to come down to the price.

No one talks quality any more. If a Chinese product wears out in a month, tough luck, chuck it away and buy another. There is no such thing as value for money.

I was saying his stuff was more expensive compared to other Australian made stuff, of equal or better quality, I mean way pay 50 cents more for his Aussiemite, when the real Vegemite is better.
 
Why is Vegemite better ?

Taste, I tried the Aussiemite, it wasn't good, at least in my opinion.
You can't prove that. Mutually assured destruction is a pretty good deterrent.

I meant we as Australia didn't need then, and history is proof of that.

With Australian limited defence budget, we are better with Assets that are more versatile, and an be used in a multitude of ways, such as disaster relief, peace keeping, counter terrorism etc.

I mean if it were a choice between getting nukes or maintaining the SAS or our helicopter aviation regiments or some of our ships etc, etc I wouldn't choose a couple of nukes.
 
Why is Vegemite better ?

His products were rubbish. Vegemite is probably the most powerful brand in Australia. Getting people to switch brands just because Dick puts his face on the label was never going to work. The branding looked terrible too. It looked about one step up from a homebrand.

Heinz or Rosella tomato sauce are way better than Dick's. I'm pretty sure Rosella is cheaper and made in Australia.

Smith compared his products to Paul Newman's. The difference is that Paul Newman started a business that was driven by supplying the market with what it wanted; a quality pasta sauce that didn't exist at that point. Dick Smith started a food company that espoused not much else than his fetish for buying Australian. It's got nothing to do with Aldi, he supplied a product based on a faulty premise. At the premium end of the market people care about product origin, but there was nothing premium about his products. They were at best of average quality.
 
**** Breaking News **** isn't!

Shouldn't this forum be for Breaking News and if further discussion is warranted then create a new thread or use an existing thread.

Yes, but you know how people talk. :)

Anyway, Dick Smith Foods closing down was breaking news and the discussion went from there.
 
636682848936686222-AFP-AFP-17Y8XN.jpg

Hot, dry weather is forecast through the weekend which could fuel the deadly wildfire in Northern California that has destroyed at least 500 structures and grown to more than 75 square miles. The fire, believed to have started earlier this week in the Gold Rush-era hamlet of French Gulch from a vehicle problem, claimed the lives of two people this week and has put firefighting agencies on "evacuation and life-saving mode." Elsewhere in California, firefighters continue to battle a wildfire in the San Jacinto Mountains that has burned 12,300 acres, while crews have been asked to stay another week, totaling 21 days — the most firefighters can work a fire before being sent home — to fight the Yosemite-area fire.

WALL OF FLAMES
California wildfire rips through town near Yosemite National Park killing one and forcing 90,000 residents to evacuate
https://www.thesun.co.uk/news/68806...-one-and-forcing-90000-residents-to-evacuate/
Yosemite-fire-news-994223.jpg
Yosemite fire news The Ferguson Fire was first reported on July 13 and has burned 37,795 acres
 
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Eighteen dead as Russian helicopter crashes soon after take-off
https://news.sky.com/story/eighteen-dead-as-russian-helicopter-crashes-soon-after-take-off-11460223

The Russian transport ministry said the model Mi-8 aircraft went down soon after take-off from a gas field in Turuhansk at 5.43am local time due to a collision with machinery being carried by another helicopter.
Russian airline Utair has sent specialists to the scene, which is in an oil field managed by the energy company Rosneft some 1,600 miles northeast of Moscow.
 
Venezuela's Maduro Survives Drone Assassination Attempt
CARACAS (Reuters) - At least one explosion rocked a military event where Venezuelan President Nicolas Maduro was giving a speech on Saturday and the government said it was a failed assassination attempt involving drones carrying explosives.

Maduro said “everything points” to a right-wing plot that initial investigation suggested was linked to Colombia and the U.S. state of Florida, where many Venezuelan exiles live. Several perpetrators were caught, he said, without elaborating.

Information Minister Jorge Rodriguez said drones loaded with explosives detonated close to the military event in downtown Caracas. A Venezuelan who was visiting family nearby told Reuters she heard two explosions.

https://uk.reuters.com/article/uk-v...f-attack-but-fine-official-idUKKBN1KP0S9?il=0
 

Quite worrying all this for persons of importance and even others less so. As drones improve further 'death by drone attack' is set to become more common. I expect the Russians will be on to this in due course.
Even Australia could be involved in a future drone war. Ships and aircraft will need to have anti-drone devices. Maybe hand held devices will alert a person if there is a drone moving close.
 
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