News

May 13, 2022

Fitness, self care and wellbeing in 2021

Based on their spending behaviour, 18-29 year olds quickly prioritised convenience and found new ways to take care of themselves. From quarantine haircuts to DIY self-care regimes and living room yoga, young Australians took matters into their own hands to ensure their health and wellbeing were maintained.

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Fitness graphic

Young Australians Series

Part 1

Young Australians Infographic

April 1,2022

Mastering the art of convenience in 2021

Transactional data collected by Fonto from more than 40,000 Australians between January and December 2021 reveals the changing spending habits of Australians, with 18-29 year olds doubling down on convenience and embracing digital entertainment.

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Part 2

Crypto and gambling spend by young Australians

April 15,2022

Relaxed about risk and chasing quick wins in 2021

2021 was a year of significant disruption to well-established consumer trends with any hope for a return to normal life after restrictions in 2020 dashed by mid-year. Extended lockdowns compounded by closed borders kept entire cities housebound for months on end with a flow-on effect to spending patterns.

Part 3

Fitness graphic

May 13,2022

Fitness, self care and wellbeing in 2021

Based on their spending behaviour, 18-29 year olds quickly prioritised convenience and found new ways to take care of themselves. From quarantine haircuts to DIY self-care regimes and living room yoga, young Australians took matters into their own hands to ensure their health and wellbeing were maintained.


Buy now pay later image

February 2022

Financial wellbeing Score

An integrated analysis of transactional and survey data across the Fonto membership base reveals Australia's average Financial Wellbeing Score is 54. Under 35-year-olds with an annual household income less than $80,000 score lowest at 44, with over 55s earning more than $150,000 scoring the highest at 71.

January 2022

Tax refund: spend, save or invest?

Preparing our annual tax returns may not spark joy but knowing a refund is due can be the best incentive to lodge early. According to transactional data and consumer research gathered by Fonto from July to November 2021, 7 in 10 Australians had received a tax refund by the end of August - just eight weeks after the close of the financial year.

Fonto - Fuel & Automotive

October 2021

Australian fuel and automotive sectors

In August 2021, Australians were spending 30% less on fuel compared to the amount spent pre-Covid. Fonto’s integrated transactional and survey data shows the largest dips to fuel spend were during the various lockdown periods throughout 2020 and 2021. On average NSW drivers spend more on fuel than drivers in the rest of the country.

Ready-To-Cook Meal Kits

October 2021

Ready-to-cook meal kits

 

The idea of having fresh ingredients and simple recipes boxed up and delivered to your door has struck a chord in Australia with customers spending an average of $211 per month on ready-to-cook meal kits.

Home delivery and grocery buying

September 2021

Home delivery and grocery buying

One of the first major changes to the Australian way of life due to Covid-19 was the introduction of stay-at-home rules across the country.