Fed: Australians to spend less this Christmas

AAP General News (Australia)
12-11-2006
Fed: Australians to spend less this Christmas

What Australians will be spending this year and how much:



CHRISTMAS BUDGETS FOR 2006 COMPARED WITH 2005:

2006 2005 Change

Working Australians $826 $861 down $35 or 4 per cent

Retirees $490 $579 down $89 or 15 per cent

(Source: AXA Retirement Scope)



TOP 10 GIFTS FOR CHRISTMAS 2006:

1. Entertainment (books, CDs, DVDs etc)

2. Clothes

3. Toys

4. Confectionary

5. Alcohol

6. Computer Games

7. Sports Equipment

8. Household Appliances

9. Audio/Video Equipment

10. Travel/Holidays

(Source: AXA)



TOP FIVE SHOPPING ITEMS BY BIGGEST SPEND

Percentage of respondents

1. Food 25 per cent

2. Toys 17 per cent

3. Electronics 14 per cent

4. Clothing 10 per cent

5. Homewares 8 per cent

(Source: Australian National Retailers' Association)



AAP abm/mn/jt

KEYWORD: XMAS SPENDING FACTBOX

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