Latest articles by Adrian

• COVID Stressed Parents Spending Big on Back-to-School

  March 18, 2024

  A new survey of 1,000 Australian parents delved into the past two years of on-and-off at home learning, financial stresses, and how much they will be spending on essential educational items.59% of parents spending up to $500, while 25% spending $500-$1000 on back-to-schoolTech the biggest portion of the back-to-school bill...

• Wedding Budget Breakdown: Australia’s Average Costs

  March 18, 2024

  Weddings can be expensive events, requiring outlay on numerous common items and services, including but not limited to bride and bridesmaids' dresses, venue hire, wedding cake, marriage celebrants and venue hire. While for a deluxe wedding the sky's the limit, during 2021 the average cost of a wedding in Australia...

• Revving Up Expenses: Car Ownership Costs in Australia

  March 18, 2024

  Australia is the great southern land – and to get anywhere, you’re going to need a car. In fact, there are 20.1 million registered vehicles on the road, according to the Australian Bureau of Statistics, suggesting a very large portion of adults of driving age are in fact car owners.Though...

• A Third of Australians Turn to Online Shopping for Christmas

  March 19, 2024

  According to a new survey of 1,000 Australians regarding their spending habits this Christmas commissioned by Savvy, about a third of respondents said they will do most of their shopping for 2021 online. 63% say Christmas spending plans unaffected by Covid pandemic32% say they will do most of their shopping online...

• 73% of Australians Agree Moving to Electric Vehicles is Important to Curb Climate Change

  March 19, 2024

  A survey of 1,001 Australians by Savvy has revealed that 73% agree that moving to Electric Vehicles (EV) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C.40% may purchase EVs in the future – 7% already signalling intent in next 12 monthsYounger Australians skew...

• Toyota RAV4 Hybrid sales surge by 39% during pandemic, eclipsing petrol variant sales

  March 19, 2024

  Hybrid car sales have been strong as Australians seek to save money and help the environment, finds Savvy's hybrid vehicles report. Of all the brands available, Toyota has cornered the largest portion of the market. Toyota hybrids accounted for 92% of all analysed hybrid sales in Australia in 2021 Toyota Rav4 Hybrid...

• Tips for Teaching Kids and Teens Financial Literacy

  March 19, 2024

  Kids and Teens today are more switched on than ever before when it comes to new technology, apps and gadgets. Growing up as digital natives in a hyper-connected world, today's youth are exposed to many more opportunities to spend money than any generation before. When it comes to developing good...

• Australian International Travel Sentiments Survey

  March 19, 2024

  After the Australian federal government announced the reopening of international borders in late 2021, overseas travel has once again become a reality. Savvy's survey of 1000 Australians aims to learn their attitudes and intentions towards international travel in the midst of a global pandemic. 4 in 5 say international travel COVID-19...

• Average Cost of Building a New Home in Australia

  March 19, 2024

  Many factors influence the cost of building a new home in Australia. Besides the most obvious ones of lot price, building materials, design and labour, several other factors are now influencing the market.Historic low interest rates, implemented in the wake of the pandemic related slow-down, have fuelled a general real...

• Where Are New Car Sales Headed? A Look at the Stats

  April 2, 2024

  There are almost as many cars as there are people in Australia. According to the Australian Bureau of Statistics, there are 20.1 million registered motor vehicles – that’s almost one per person of driving age. Over 2020, the national fleet grew by 1.7%. It would seem our appetite for new cars...

• Unemployment and Low Savings Driving Greater Sydney “Shadow Pandemic” of Financial Stress

  March 19, 2024

  A recent poll conducted by Savvy of 1002 Greater Sydney residents living in COVID-19 lockdown restrictions shows a “shadow pandemic” of financial stress plaguing Greater Sydney, driven by unemployment, underemployment, and rapidly depleting savings – 10% of respondents saying they have $1,000 or less in savings, 9% have $500 or...

• Home & Business Lending is Surging Where Is It All Heading?

  March 19, 2024

  Lending data – known as the lending indicators – is published each month by the Australian Bureau of Statistics. It shows us all the relevant Australian borrowing statistics - including mortgage commitments, personal loans, and business loan commitments across different categories. In this analysis, we will be focusing on changes in...

• 40% of Australians Intend to Buy Cryptocurrency in 2021

  April 12, 2024

  Is Cryptocurrency – the currencies powered by complex calculations and decentralised ledgers known as blockchain technology – the money of the future? According to a new survey by Savvy, a third of Australians are betting that it is: and 40% are willing to convert their paper money into something digital...

• Nine Out of Ten Australians Agree Property Prices are Becoming Unaffordable: Survey

  March 19, 2024

  A recent survey conducted by Savvy has revealed 91.6% of Australians agree that property prices are becoming “unaffordable” in the current market.32.4% Cannot afford property as prices are too high26% believe foreign ownership is to blame37.1% of respondents who bought were concerned about being left behindTwo-thirds believe JobKeeper/Seeker stimulus is...

• Which Capital Cities are the Most Affordable for Rent in Australia?

  March 19, 2024

  Over the last 12 months, there’s been a lot of ups and downs in rent affordability in Australia in terms of prices and yields. Cities which some thought were unaffordable are now within the grasp of more and more people, as you’ll see below.This can be explained, at least in...