Vegemite is the most misunderstood food in the Australian cuisine. I think the main problem people have with the yeast extract is the saltiness to it. But since living in NZ and having been exposed to Vegemite and Marmite, I have grown to love this bread spread.  

Vegeite is made from yeast extract, malt, vegetable extract and salt. It is a dark coloured spread a little like Marmite although the taste is different. It has a very strong and unique salty flavour. 

It is an acquired taste, but for Aussies who are raised on it as children, it is part of their everyday diet. LOL  You either hate this or love this spread. My friends told me that if you keep eating this, yung mga lamok di na daw lalapit sayo kasi maalat na dugo mo. LOL