I spoke to Alec Waugh of Arnotts on 21/7/1998, and he confirmed that Arnotts were happy to have my page exist, subject to placement of the above sentence about the TM nature of the words Tim Tam(s).
Until the buyout of Arnotts last year by an American concern, Campbells,
I was a shareholder in Arnotts. In the Australian media,
there were concerns expressed about the sale of this Australian
icon to "foreign interests". My view on this issue is, I hope,
a bit more rational than badly considered arguments about
"selling off the farm":
Hell, if they think they can run Australian companies
more efficiently, and are willing to pay existing
Australian shareholders for the privilege, then I say
let'em do it! This gives the previous shareholders
more spending money to pump into the Australian
economy (or invest overseas), while Australian
consumers get a more cost-effective product.
Comparative Advantage!
back to The Tim Tam page