Times of austerity not deterring Aussies from travelling
A lot of Aussies have had to tighten their belts and cut down on luxury items, but it seems we are not willing to sacrifice our holidays. According to Roy Morgan Research, 71 per cent of the country is planning to take a trip at some point in the next 12 months. This is one per cent higher than figures from March 2011, with many people looking for affordable breaks in places like Sydney, Melbourne and the Gold Coast. However, plenty of Aussies will also be in need of overseas travel money and travel credit cards, as nine per cent of the nation is hoping to go abroad. Aussies have plenty of cheap holiday packages to choose from, as competition in the tourism sector is intense. International director of tourism, travel and leisure at Roy Morgan Research Jane Ianniello believes there is every chance that demand for holidays could grow even more as 2012 wears on. "It will be interesting to see whether the interest rate cut in May will boost holiday intention further," she remarked. Have a question about travel money? Ask the money gurus at Mozo Answers.