More Aussies plan to take at least one holiday this year


Wednesday 14 March 2012

A growing number of Aussies are desperate to book a foreign holiday in 2012, with many expected to take advantage of holiday loans and cheap flights to destinations like Bali, the US, Europe and Hawaii.

Although many people have been forced to rein in their spending because of the ongoing economic uncertainty, it seems that Aussies are not willing to sacrifice their annual break.

Indeed, figures compiled by Roy Morgan Research have shown that 72 per cent of Australians – the equivalent of 13.4 million – will be looking for the best deals on overseas travel money at some point this year.

This is up from 70 per cent in the corresponding period of 2011 and a separate study conducted by the organisation suggested that skiing holidays are also growing in popularity among Aussies.

Roy Morgan Research representative Jane Ianniello said that the strong Australian dollar is a factor behind the increased demand, as people from down under know they will get the best exchange rates seen for years.

Have a question about travel money? Ask the money gurus at Mozo Answers.

Compare today's top travel money

Back to top