Christmas Online Spending 2022

The vast majority (80%) of consumers are planning on buying christmas gifts this year and over half (60%) are spending the same amount as last year, while 14% are spending more. The moment you decide that it’s time to start saving for christmas, the first thing you’ll want to do is set up a savings account strictly for the holidays. Research from monash university has found 92 per cent of australian shoppers will buy christmas gifts in 2021, up five per cent from last.

This is closely followed by food ($308) and travel ($269). The moment you decide that it’s time to start saving for christmas, the first thing you’ll want to do is set up a savings account strictly for the holidays. The retail sales volume for q4 2020 increased by 2.5% around christmas.

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Like most countries, australia recognises christmas as a public holiday. This is closely followed by food ($308) and travel ($269). By opening a specific savings account just for holiday spending, you’ll be more likely to make saving money a priority. Setting aside those two events, national spending on political issues picked up in the second half of 2021, reaching a peak in late november before dropping over the quieter christmas and new year.