However Mr Key told Firstline this morning that he also likes the Australian-made rival Vegemite.
Yet except for icons like Vegemite (the high-vitamin yeast spread) and koalas, most Americans--including investors--know little about Oz.
Describing Vegemite as "a quasi-vegetable by-product paste that you smear all over your toast", the US president pronounced it "horrible".
Internet searches reveal seemingly endless options for hangover cures, the authors report, from aspirin and bananas to prickly pear and Vegemite.
CNN: Relax -- Your holiday health concerns may just be myths
During the session, Ms Gillard boasted about the virtues of Vegemite, an iconic Australian food spread, which Mr Obama called "horrible".
Vegemite, a savoury paste made from yeast extract, is popular in Australia.
Mr Rudd is not Vegemite's only high-profile defender - Prime Minister Julia Gillard also spoke out in its support when she visited the US in March.
This however, is where my agreement with Neil stops, because he indicates that England will win the Ashes next year, which means he is not eating enough Vegemite.
Australian Foreign Minister Kevin Rudd had to talk himself out of trouble after airport officials flagged up a suspicious liquid in his cabin baggage - a jar of Vegemite.
Australia also has a similar product called Vegemite.
BBC: 'Marmageddon' over as New Zealand shops restock Marmite
For the rest of the world does not eat Marmite: the NZ stuff is entirely different from the UK product of the same name and both again are different from the markedly inferior Australian Vegemite.
Most of this has now gone, leaving the way open for centralising federal governments in Canberra, aided by the growth of a national market in everything from advertising to Vegemite, to erode the powers of the states and their control of public money.
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