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Diners Club: Take Advantage
Diners Club Australia: Generic
Home > News > Survey reveals men more likely to play scrooge in the office
Expectations between giving and receiving vary: · 37% of females think they will receive a Christmas present from their boss this year compared to 21% of males · 67% of workers don’t think they should receive a Christmas present from their boss this year · 29% of workers in capital cities think they should receive a Christmas present from their boss in 2006 compared to only 15% of workers in non-capital cities · 29% of working females think they should get a present from the boss compared to 20% of men · Of the workers who think they will receive a Christmas present from their boss this year, only half think they should receive it (49%) · Of the workers buying a present for their boss this Christmas, only 49% think they should receive a present in return Christmas giving – loved ones Most Australians will dig deep on a present for their loved one at Christmas time. Thirty per cent say they spend between $100-$250 on presents for partners, with 25% spending $50-$100 and 10% spending $250-$500. In WA, more partners remain present-less than elsewhere in the nation with 10% saying they don’t buy their other half a gift. For many Christmas really is a time for children. Only five per cent of the population don’t spend anything on gifts for children at Christmas. On average, 25% of the population spend between $20-$50 on Christmas presents for kids. At the other end of the spectrum, 4% spend more than $500. Western Australians have deeper wallets with 14% spending between $250-$500 compared to 8% nationally – while in Queensland this figure is 3%.
Payment methods and budgeting Almost half of Australians think they are good at sticking to their Christmas present budgets with 47% strongly agreeing with the statement. People aged between 16-24 years old are the worst at sticking to their budget when buying Christmas presents. Pre agreed price limits for family members is favoured to some extent amongst 93% of the country with 56% very keen on the idea. However younger Australians aged 16-24 years old don’t seem to like the idea as much with only one in three (33%) in strong support compared to 60% of Australians aged over 25. Eighty six per cent of Australians aged 16-24 intend to use cash, debit card or Eftpos as their primary payment method this Christmas. This drops to 69% of 25-34 year olds, 60% of 35-54 year olds. Sixty two per cent of over 55s are also choosing cash, debit card or Eftpos as their primary payment method. Credit card use picks up with age with 36% of 35-54 year olds and 32% of over 55s relying on credit to pay for Christmas gifts. Mr Atkins says the research provided a few surprises. “Perhaps consumers are waking up to the credit card debt cycle. We are seeing more people intending to use cash and debit card as their primary payment tool this year. Diners Card is an effective way to be disciplined – as the amount needs to be paid off each month – but you earn reward points at the same time. “Our research raises the workplace dilemma many of us face at this time of the year – do you or don’t you buy presents for colleagues? Perhaps the alternative is to divert money spent on colleagues’ presents, to a charity instead.” Other findings: · 35% of married or de facto people don’t spend on colleagues at Christmas compared to 28% of singles · 41% of those on a household income of $80,000+ will spend between $100-250 on presents for partners compared to 14% of those on household income of less than $30,000 · Females are more likely than males to strongly agree that it’s OK to make a charity donation on behalf of someone else, with 31% and 22% respectively · People aged 55+ years are significantly more likely to completely disagree with making a charity donation on behalf of someone else (30%) · 23% of women are very likely to treat themselves when buying Christmas presents for others compared to 18% of men
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Media enquiries:
Leila Dean: T: (02) 8225 1658 M: 0404 509 894 leila.dean@citigroup.com
Notes to editors:
The research was conducted by Woolcott Research using the OmniAccess Consumer Survey between 6 – 8 October 2006 amongst a representative and statistically valid sample (confidence interval of +/-3%) of 1,000 Australians living in capital and non-capital cities, aged 16 plus.