Business

Money concerns the biggest stress for Christmas shoppers

The pressure of coming up with a unique gift stresses 25% of Queensland shoppers, according to a survey.
The pressure of coming up with a unique gift stresses 25% of Queensland shoppers, according to a survey. Nicholas Falconer

QUEENSLANDERS are expected to spend up to $3.7 billion dollars on gifts this festive season - close to double the anticipated spend of 2011 - but for many, the strain of shopping compares to some of life's most significant and stressful events. 

One in 10 people feel Christmas shopping is as stressful as moving or buying a house, with a similar number comparing it to planning a wedding, according to research by Personalised Plates Queensland.

The pressure of impressing with a unique or great gift was the biggest worry for nearly a quarter of Queenslanders, with more than one in eight most concerned about giving a dud gift.

Unsurprisingly, financial constraints ranked as the biggest shopping stressor, followed closely by crowded shopping centres.

For 40% of hopeful Queenslanders, the only thing that would alleviate the stress of Christmas gift shopping was if Santa Claus was real.

Other more realistic stress busters included doing it all online without leaving the house, and enlisting the help of a personal shopper. 

Potentially adding fuel to the fluster, the ignorant recipient - who offers little to no acknowledgement of the gift - ranked as the biggest gifting gripe, following by fake gratitude and the double up - giving a gift the recipient already had.

Queenslanders found this more irritating than requesting the receipt and giving an unreciprocated gift.

Despite the stresses, businesses may get the sales boost they've been hoping for, with a new survey showing a rise in consumer spending ahead of Christmas.

According to the Commonwealth Bank's Business Sales Indicator, economy-wide spending rose 2.2% in November, following a 1% fall in October.

CBA executive general manager, local business banking, Adam Bennett said the increase in spending was good news for businesses hoping for a pre-Christmas boost after a tough year for many traders.

"Although we have experienced spending volatility over the past six months, the latest results provide businesses with some much-needed good news in the lead up to Christmas," he said.

"Coming off the back of a tough year for many sectors, it is important that businesses across the country are prepared to make the most of consumer spending over the coming weeks."

Topics:  gift, money, retail, shopping, spending, stress




UPDATE: Hanson Rd open, Gladstone police investigate death in horror crash

A driver had died in a crash on Hanson Rd.

POLICE investigate the death of a 23-yearold in yesterday's crash.

POLICE NEWS: Thieves, drink drivers and fights on Gladstone streets

A man and woman were arrested following a police chase last night at Blacksoil.

The police had a busy night patrolling Gladstone region streets

PHOTOS: Four time cancer survivor shares story at Relay

Sunee and Trevor O'Brien at the 2016 Relay for Life.Photo Mike Richards / The Observer

Hundreds of people took part in this year's relay

Latest deals and offers

Elm Street is far from a nightmare

Elm street's new album is making waves. Photo Contributed

Elm Street talks about drumming studios, power metal and the album.

What's on the small screen this week

Keira Maguire and Richie Strahan in a scene from The Bachelor.

SEVEN gears up for the Rio Olympics while The Bachelor continues.

Drowning Pool gig review at Max Watt's

Drowning Pool played Brisbane with A Breach of Silence and She Cries Wolf at the Max Watt's House of Music.

Drowning Pool prove that 'bodies' hit the floor when they play

#SaveMarinaJoyce: How ISIS theory took over youtube channel

One young Youtuber accidentally gave rise to a conspiracy theory

Talking whiskey with Jack Daniel’s master distiller

It all comes down to the distillery

SIXTY MILES AHEAD sign with Eclipse Records, prepare new album 'Insanity'

Sixty Miles Ahead sign with Eclipse. Photo Contributed

Sixty Miles Ahead to release new album on Eclipse

Queensland's $1 town goes under the hammer today

The township of Yelarbon is up for sale.

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

The climb is slow but property on the way up

Michael Matusik, director of Matusik Property Insights.Photo Allan Reinikka / The Morning Bulletin

The improvement would be mild when compared to past cycles