As others have said before, vegemite is a delicious spread on hot buttered
toast. However, what my fellow Aussies have said, is grounds for expulsion
from this wide brown land. We down here, love telling American tourists that
it is to be spread like peanut butter, and watch as they attempt to eat a
slice of bread with about an equal amount of vegemite - the result is quite
humorous. Lets just say that some colleagues from the US came out for a
businees trip - one of them listened to me, and now swears she will kill me.
The other watched her, and then put a very small amount on his toast. He now
asks for us to send him vegemite to Florida!!!

Anyway, back onto serious topics, vegemite is also a very good way to add
flavour when cooking. It can be added to marinades for red meats (especially
beef), bolognaise sauce etc... I don't have any recipes handy at the moment,
so I can't post them - but it basically adds body, and a touch of salt.
Really nice additive.