Apparently the new version of Vegemite – which carries the working title 'the new Vegemite experience' – looks and smells like traditional Vegemite but will be smoother and easier to spread.As for the taste, the report suggests the new Vegemite recipe will contain cream cheese – a development Kraft hopes will encourage Australians to consume the spread at all times of the day.The new Vegemite will hit supermarket shelves in early July.

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