Major Spending in last 12 months

May 28, 2012

Q. In the last 12 months have you -

 

Total

Vote Labor

Vote Lib/

Nat

Vote Greens

Financial situation satis-factory

Neither satis-factory nor unsatis-factory

Financial situation unsatis-factory

Econ. good

Neither good nor poor

Econ. poor

Bought a house or other property

10%

10%

12%

11%

15%

8%

6%

11%

10%

9%

Bought a new car

12%

12%

13%

14%

16%

11%

7%

15%

13%

8%

Bought a used car

17%

17%

17%

22%

18%

15%

16%

20%

12%

17%

Renovated your current home

17%

20%

16%

18%

23%

15%

9%

22%

17%

11%

Purchased a major household item (stove, TV, Fridge, furniture etc.)

39%

42%

40%

45%

47%

35%

30%

48%

33%

35%

Taken an overseas holiday

30%

25%

31%

38%

40%

26%

19%

32%

29%

27%

Taken an Australian holiday

45%

47%

48%

48%

61%

43%

25%

51%

44%

41%

Paid private school fees

12%

11%

15%

8%

13%

14%

7%

16%

7%

11%

Bought shares

13%

11%

16%

16%

16%

17%

5%

13%

11%

15%

None of the above

20%

22%

18%

14%

9%

21%

36%

15%

24%

22%

The most common major spending items over the last 12 months were holidays in Australia (45%), purchase of major household item (39%) and overseas holidays (30%).

Spending rate of those who consider their financial situation unsatisfactory was about half that of those who were satisfied for most items. Whereas taking an Australian holidays was the most common item of major spending for those satisfied (61%) and the neither group (43%), those who were dissatisfied were more likely to have purchased a major household item (30%).