Father’s Day: Australians tipped to spend $1 billion
Father's Day spending is expected to hit $1 billion this year, according to new research by Finder.
A new nationally representative survey of 1,058 respondents revealed the average Australian who celebrates Father's Day plans to spend $108 on their dad.
The research shows almost half of Australians (47%) will be giving a Father's Day gift this September while the majority (53%) won't.
The top 3 most popular gifts for dads include clothing (9%), a meal out (9%) and something for his home or car (7%).
Chris Jager, shopping expert at Finder, said some Aussies spare no expense when honouring dads.
"Australians are feeling very generous this year to ensure Fathers Day is a special one.
"Many are still making up for lost time due to the COVID-19 pandemic."
Alcohol (7%), homemade food or gifts (6%) and chocolate (4%) are other popular Father's Day gifts.
Sons are more generous and plan to spend $124 on average, compared to $91 by daughters.
Jager said there is still plenty of time to get a gift for dad.
"There's about a week to go until Father's Day, so if you haven't organised something yet, it's time to get cracking.
"If you're struggling to find the right gift or experience, Finder has a bunch of ideas for every budget.
"For those who are a little tight on cash, something as simple as a home-cooked meal or a walk in the park is a great way to celebrate the day with dad," Jager said.
Finder's research reveals those from New South Wales and Queensland are the most generous, planning to spend $113 on average on their fathers.
South Australians are the tightest, forking out just $85.
|What do you plan to get your dad for Father's Day?|
|A meal at a restaurant/cafe||9%|
|Something for his home or car (e.g. Bunnings, Super Cheap Auto)||7%|
|Homemade gifts or food||6%|
|Nothing, I don't plan on getting him anything||12%|
|I don't have a father/celebrate Father's Day||41%|
|Source: Finder survey of 1,058 Australians, August 2022|