Major spending in last 12 months

Apr 8, 2013

Q. In the last 12 months have you -

 

28 May 12

Total

8 Apr 13

Vote ALP

Vote Lib

Vote Greens

Financial situation satisfactory

Neither satisfactory nor un-
satisfactory

Financial situation un-
satisfactory

Bought a house or other property

10%

10%

11%

11%

11%

13%

7%

5%

Bought a new car

12%

12%

10%

15%

12%

17%

10%

5%

Bought a used car

17%

13%

14%

13%

12%

14%

11%

13%

Renovated your current home

17%

16%

17%

16%

18%

22%

13%

6%

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

39%

40%

42%

41%

49%

47%

36%

30%

Taken an overseas holiday

30%

34%

29%

35%

39%

44%

24%

21%

Taken an Australian holiday

45%

46%

41%

49%

52%

56%

39%

28%

Paid private school fees

12%

11%

9%

15%

6%

11%

14%

12%

Bought shares

13%

12%

10%

14%

16%

17%

8%

3%

The most common major spending items over the last 12 months were holidays in Australia (46%), purchase of major household item (40%) and overseas holidays (34%). Spending results were similar to those recorded last May.

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 (56%) and the neither group (39%), those who were dissatisfied were more likely to have purchased a major household item (30%).

Christmas spending on credit cards

Dec 3, 2012

Q. How much of your Christmas spending will you put on your credit cards?

 

5 Dec 11

3 Dec 12

All or most of it

23%

26%

A bit more than half

7%

8%

About half

9%

7%

A bit less than half

5%

5%

Not much

17%

10%

None of it

37%

36%

Won’t be buying Christmas gifts

na

4%

Don’t know

3%

4%

41% say they will put at least half their Christmas spending on credit cards – and a further 15% will put some spending on their credit cards.

Those most likely to use credit cards for at least half their spending were aged 35-44 (54%) and those least likely were aged 18-24 (18%). Those on higher incomes were much more likely to use their credit cards for Christmas spending – 55% of those on incomes over $1,600pw said they would put at least half on credit cards compared to only 20% of those on incomes under $600pw.

Spending

Jan 16, 2012

Q. Compared to 12 months ago, are you spending more or less on the following -

Total spending more Total spending less Spending a lot more Spending a little more Spending about the same Spending a little less Spending a lot less Don’t know
Food and groceries 60% 10% 20% 40% 30% 7% 3% 1%
Gas and electricity 70% 9% 36% 34% 20% 5% 4% 1%
Telephone and internet services 38% 11% 11% 27% 49% 9% 2% 1%
Entertainment such as cinemas and restaurants 20% 39% 5% 15% 38% 20% 19% 3%
Retail products such as clothing and electrical goods 20% 38% 5% 15% 41% 22% 16% 1%

70% say they are spending more on gas and electricity and 60% say they are spending more on food and groceries. But they were more likely to be spending less on entertainment (20% more/39% less) and other retail products (20% more/38% less).

Perceptions of spending on food and groceries is similar across demographic groups. However, older respondents are more likely to say they are spending more on gas and electricity (80% of those aged 55+) and less on entertainment (46% of those aged 55+). For those aged under 35, 28% are spending more on entertainment and 34% less.

There is a similar pattern for spending on retail products – for those aged under 35, 27% are spending more and 32% less while for those aged 55+, 15% are spending more and 44% less.

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