17% of Aussies think giving Christmas gifts is a farce

A STUDY has found about 39% of Australians are "Santa fanatics" when it comes to giving gifts and 17% think giving presents is wasteful.

Wealth management company Yellow Brick Road released the results of a survey this week after asking Australians about their approach to giving gifts.

The survey found 39% of people believed they were prepared for giving gifts, 11% put in no effort because their partner managed the presents, 23% rushed at the 11th hour and overspent, 8% believed useful and crafty gifts trumped expensive presents and 17% thought gift giving was a commercial farce.

Company spokeswoman Lyndsey Douglas said the way which a person approached Christmas correlated with their attitude to their personal wealth.

She said people well prepared for gift giving were heavily in control of their finances while last-minute buyers tended to bury their heads in the sand.


Queen sits alone as William, Harry show surprising unity

Premium Content Queen sits alone as William, Harry show surprising unity

The Queen has farewelled Prince Philip during an emotional funeral

How police will keep cracking down on impaired driving

Premium Content How police will keep cracking down on impaired driving

Impaired motorists are being warned they will be caught as police boost...

Emergency declared after 25 motorcyclists die

Premium Content Emergency declared after 25 motorcyclists die

Police and the government have taken the ‘extraordinary step’ of warning 220,000...