By Christopher Snowdon , Head of Lifestyle Economics, Institute of Economic Affairs
Legislating for tobacco-style plain packages for confectionery is a disproportionate response to the obesity crisis and strips companies of valuable trademarks, writes the Institute of Economic Affairs' head of lifestyle economics.
While nowhere near as popular as salty spreads like Vegemite and peanut butter, or as widely consumed as honey or jam, chocolate and hazelnut spreads have gained a definite cult following among certain sections of the Australian population.
Mondelēz International has officially opened its Asia-Pacific Chocolate and Confectionery Center of Excellence in Australia, creating a base for the largest food R&D team in the country, according to local government.
When Michael Jolley left his carob orchard in South Australia to attend his first Asian food industry show in Hong Kong recently, he was amazed by the response of visitors who had never before seen the ingredient.