Tontine Group what is a commodity market," she said. "In other countries there is no market leader because manufacturers tended to stay in their local areas." As the company is well known, it is referenced in jokes. For example, an Australian legal newsletter said of an alleged swindler who padded his timesheets "that at one stage pillow makers Tontine were said to be interested in sponsoring him." Duvets in Australia are known by the genericized trademark "Doona"; the brand name is owned by the Tontine Group. The brand name was acquired by Tontine in 1991 when Pacific Dunlop took over the Northern
ASC Pty Ltd Australian Industry Development Corporation, with some of Kockums' shares then sold to James Hardie Industries to maintain an Australian majority ownership of the company. On 5 April 2000, the shares in ASC held by Kockums were bought out and the company was nationalised, despite a trend by the Howard Government towards privatisation of government-owned companies. The company’s name was changed from the Australian Submarine Corporation Pty Ltd to ASC Pty Ltd on 1 October 2004 in order to position it as a supplier of naval combat vessels in addition to being a specialist submarine supplier and maintainer. The name ASC