PARENTS BLOW BUDGET ON GIFTS FOR KIDS[Hmm, that's no good. Another glum story about financial difficulties.]
Australian parents will blow their budgets buying presents for their kids this festive season, spending an average of $390 per child, researchers say.
[Tsk. Those researchers must be quite concerned about the parents making ends meet]
When it comes to buying Christmas presents, Queensland parents are the most generous while South Australians and fathers are likely to spend the least money, according to Bankwest research released today. Bankwest Retail chief executive Vittoria Shortt said the research was a glimmer of hope for retailers who have complained of a flat shopping season in the run-up to Christmas this year.[Ah. My mistake, This is a good news story! Those researchers were employed by Bankwest Retail, and were in fact delighted with their findings!]
"Kids' bedrooms these days really are a treasure trove, with everything from the latest video games to Ben Ten and Bratz", she said. [Those scamps!]
"It's no surprise the bills add up and carefully laid budgets go out the window".[Rueful chuckle and shrug.]
I thought banks had some sort of role in encouraging people to stick to budgets and live within their means. I'm so 1950s sometimes.