As celebrations slowly die down from the result of the marriage postal survey, there may still be a group of Aussies clinking their champagne glasses.
Wedding businesses around the country are now gearing up in anticipation of the influx same-sex couples will bring to the industry.
Although the winning ‘yes’ vote doesn’t technically mean legislation relating to same-sex marriage will pass, businesses are expecting to see a massive increase in sales.
“We anticipate wedding spending will go up by 30%. It’s going to have a huge impact across the board because firstly same-sex couples are often double-income no children and the amount of money they have available as disposable income is bigger,” said realweddings.com.au founder, Kirsten MacKelden.
Experts are also anticipating that the ‘go large’ approach to ceremonies and venues by same-sex couples - due to their disposable income and “impeccable taste” - will ultimately turn up the heat between competitors.
“There’s going to be a lot more competition for venues and suppliers and for people to get in first, people will start to go to alternate weddings venues as opposed to the ones we all know and love,’’ said marriage celebrant, Scott Duncombe.
However, for Aussie same-sex couples who still desire a lavish wedding but need a little help to score their Dior, taking out a personal loan may also be on couple’s to-do lists.
If you’re on the hunt for the perfect personal or wedding loan for your big day, here are five personal loans to get your search started. Alternatively, give yourself a variety of options by using our personal loan comparison tool, which compares 186 personal loans. And if the term ‘wedding loan’ has you puzzled, read on for a wedding loan crash course.