Australians spend around $85 billion in supermarket groceries annually, with meat, fruits and vegetables accounting for $28 billion. Surprisingly, tobacco and junk food are quickly catching up, with $17 billion in combined sales.

In the 12 months to June alone, cigarette sales have ballooned to $8.5 billion, a 16% increase from the last year, become the fastest growing product in supermarkets based on cash register data from Coles, Woolworths, IGA and FoodWorks. Junk food has cracked the $1 billion mark for the first time, up by 6.% from the previous year.

Read more about this on the Sydney Morning Herald website.

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Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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