How are Australians spending their money?

[redwing]

According to the ABS (Sept 2011)

Half the money that Australian households spend on goods and services goes on housing, food and transport, according to a major survey released today by the Australian Bureau of Statistics (ABS).

The latest Household Expenditure Survey (HES) showed the average Australian household spent $1,236 per week on goods and services in 2009–10, an increase of 38% ($343 per week) from the previous 2003–04 survey.

In contrast, prices as measured by the consumer price index (CPI) increased by 19%, indicating a rise in real living standards over the five years.

The largest increases in average weekly household expenditure since 2003–04 were:

• current housing costs (selected dwelling), up $80 (55%), due in part to increased mortgage interest payments, up $35 (75%) and increased rent payments, up $32 (68%)
• food and non-alcoholic beverages, up $51 (34%)
• recreation, up $47 (41%)
• miscellaneous goods and services, up $37 (46%), partly due to increased spending on education fees for primary and secondary schools, up $10 (107%).

Couple family households with dependent children had much higher average weekly expenditure on goods and services ($1,748) than the national average. Households which were lone persons aged 65 years or over ($446), had much lower weekly expenditure on average.

Source

The spending sins would also play a large part..

• Alcohol
• Cigarettes
• Coffee
• Lotto
• ATM Fees
• Dining Out
• Take-Away meals

There was also a report in TIME detailing the average amount Americans spent on Coffee, Gas, Christmas, Pets, Beer, and More

How-much-you-spend-each-year-on-coffee-gas-christmas-pets-beer-and-more

A new report estimates that the average American worker drops nearly $1,100 annually on coffee. That’s not much less than what the average worker spends to commute to the job.

The Consumerist cites data indicating that the average worker in the U.S. currently coughs up over $20 a week on coffee, working out to a grand total of $1,092 annually. The average commute, meanwhile, reportedly runs $1,476 per year.

Cont....

Source

 

[BMan]

a rough estimate per year
coffee $20
gas 1k
christmas 1k
pets $300
beer $600
more as in? prolly 4k

 

[lizzie]

Glad to know I'm not average ...