Christmas crunch: 60% of Kiwis stressed about the cost of Christmas
- : Banked NZ
- : 30/11/2022
30 November 2022, New Zealand
Highlights
- Kiwis to spend an average of $623 on gifts this year.
- Women much more stressed about Christmas costs than men.
- Almost two-thirds would pay more for a sustainable gift.
The majority of Kiwis feel stressed about the cost of this year’s Christmas, reveals the latest research from personal finance information website Banked.
A survey of 1,020 New Zealanders found that 60% of Kiwis describe themselves as either a ‘little stressed’ (46%) or ‘very stressed’ (14%) about the expenditure involved with this year’s festivities.
Women are feeling under more pressure than men, with 70% reporting some level of stress, compared with 49% of men.
Banked’s Christmas spending report found that Kiwis will spend an average of $623 on gifts this year. Women said they expect to spend $566 on average, while for men that figure climbs to $712.
“With rocketing inflation and a cost of living crisis to contend with, lots of New Zealanders are really feeling the pinch this Christmas,” says Kevin McHugh, Head of Publishing at Banked.
“Many will be worrying about their personal finances when they should be able to wind down and appreciate some well-earned time off with friends and loved ones.”
Banked’s research also found that sustainability is an important consideration for Kiwis when buying gifts. Almost two-thirds (65%) say they would be willing to pay more for a gift if it was sustainable, such as one that involved zero waste or was made from recyclable materials.
Younger people are even more interested in sustainable gift-giving, with 76% of those aged 18-24 (falling into the Gen Z age group) stating that they would be willing to pay more for a sustainable gift.
Conversely, under half (49%) of those aged 55 and older say they would be willing to pay extra for a gift if it was sustainable.
“Sustainability is a vital issue and it’s pleasing that so many Kiwis are willing to support it, even if it costs them a little extra at the checkout,” says McHugh.
See Banked’s NZ Christmas Spending Report 2022.
Top ways to save this Christmas
Don’t feel obligated to spend beyond your means – “Christmas is an expensive time and many feel pressure to spend money that they don’t have,” says McHugh.
“Don’t feel an obligation to buy gifts you’ll struggle to afford or take part in every costly social event. Put your wallet and your wellbeing first.”
Secret Santa or group gifting – “Arranging a Secret Santa is a great way to cut costs. It can also be lots of fun and lets you focus on getting a great gift for one person.
“Chipping in with others for a group gift is another excellent way to save, plus it makes it possible to purchase an otherwise unaffordable present,” says McHugh.
Set a budget (and stick to it) – “It can be easy to overspend at Christmas. But by setting a budget and keeping track of your spending, you’ll make managing your finances over the festive period much easier,” advises McHugh.
ENDS
About Banked
Banked is a financial information and deals website that has the goal of helping New Zealanders make the best decisions on the products they need.
- : Kevin McHugh
- : Head of Publishing
- : hello@banked.co.nz
- : 642108881973
- : https://banked.co.nz/
Media Giants Call on Biden to Drop Charges Against Assange
- : Aotearoa 4 Assange
- : 29/11/2022
Five of the world’s leading news outlets have sent an open letter to US President Joe Biden asking him to drop the charges against Australian Wikileaks founder Julian Assange.
The letter states the charges against him set a ‘dangerous precedent’, relating to receiving and publishing classified material that revealed war crimes, torture, and environmental crimes. Assange is currently in a maximum security prison in London, and hundreds of doctors warn he could ‘die in jail in the coming months’.
The New York Times used a photo of the Human Chain around British Parliament on October 8th, that New Zealander Matt Ó Branáin inspired. Ó Branáin welcomed the statement from the top Media brass saying ‘Joe Biden cannot run from this any longer. It would be a huge mistake to allow this disastrous prosecution to fall under his legacy. Free Speech is integral to the US identity and international respect.’
Ó Branáin renewed calls for Jacinda Ardern to intervene diplomatically with Joe Biden and Rishi Sunak, saying ‘the case imperils not only Global Press Freedom, but New Zealand journalists working or travelling abroad, the integrity and safety of our troops, and the broader New Zealand public’s right to know. Staying silent on this is complicity, and will not age well, especially if he dies in prison. The public awareness of the significance of this case is growing every day.’
The letter signed by five major media outlets states:
‘This indictment sets a dangerous precedent . . . Holding governments accountable is part of the core mission of a free press in a democracy. Obtaining and disclosing sensitive information when necessary in the public interest is a core part of the daily work of journalists. If that work is criminalised, our public discourse and our democracies are made significantly weaker. . . It is time for the U.S. government to end its prosecution of Julian Assange for publishing secrets.’
Publishing is not a crime.
The editors and publishers of:
The New York Times
The Guardian
Le Monde
DER SPIEGEL
El Pais’- matt-chain
- : Matt Ó Branáin
- : National Co-ordinator of Aotearoa 4 Assange
- : matt.o.branain@A4A.nz
- : 4915231631792
- : https://www.a4a.nz/
- https://www.facebook.com/groups/a4assange | https://twitter.com/A4Assange | https://www.instagram.com/aotearoa4assange/ | https://www.youtube.com/channel/UC7Lgvm4ob5_kUS6NIaEXwvg
Octana.io Raises $1.5M Pre-Seed Round to Accelerate the Adoption of Headless Content Management Systems Around the World
- : Octana.io
- : 10/11/2022 10:00
Auckland, New Zealand, November 10th 2022, Octana.io today announced their NZD $1.5m Pre-Seed capital raise led by local innovator, Hillfarrance Venture Capital.
Octana, which was spawned in mid 2022 from award winning digital agency Apolinar, helps organisations adopt headless Content Management Systems, such as Contentful, by giving them a simple, quick and easy way to build, manage and maintain complex websites on top of any headless content management system.
Headless platforms, like Contentful, are becoming increasingly popular as organisations are impacted by the maintenance, scalability and security issues associated with legacy monolithic platforms such as WordPress. However, without an app like Octana in their technology stack, they can easily run into complexity and content management issues that can prove very costly to solve, in part due to the constantly changing nature of website projects.
Anna Dao, Octana’s Co-founder & Chief Executive Officer said: “This is obviously an important milestone for us and we are delighted to be partnering with Hillfarrance who share our vision and passion for the way websites are built and maintained. This funding will allow us to accelerate our growth and scale our team, creating more technology jobs within the Queenstown Lakes region.”
Anna continued: “We have proven across Australasia that Octana can create huge value for organisations such as UP Education and Dubber, whose marketing teams now have the tools they need to manage their own headless websites without the help of developers. It’s now time to take Octana into marketplaces such as the Contentful App Marketplace in order to drive mass adoption of headless technologies across the world.”
Rob Vickery, Founder and Managing Partner at Hillfarance said: “We’re delighted to be supporting the team at Octana as they set out to transform the way organisations use headless platforms. We have huge conviction in founders that come from the creative industries and the way in which they build businesses, grow teams and use innovative ways to change their customers’ lives for the better.”
He continued: “I believe Octana is the right product at the right time supported by a team with a proven track record of delivery which is why we decided to fund the round in its entirety. We are deeply excited about the innovation coming out from the Queenstown Lakes region and we intend to build a base there in the first quarter of 2023.”
Octana is offered as a stand-alone software app that can be hosted anywhere. It talks directly to the headless platform via APIs and gives organisations the ability to build and maintain beautiful websites quickly and easily using modern design systems. With Octana, marketing teams can create pages, change content, run campaigns and operate at scale without having to engage developers or agencies to support them, which is transforming the way they interact with the web and radically changing the economics of website management.
About Octana
Octana is a software app that gives organisations that have adopted headless content management systems the ability to build and maintain beautiful websites quickly and easily using modern design systems. With Octana, marketing teams can create pages, change content, run campaigns and operate at scale without having to engage developers or agencies to support them, which is transforming the way they interact with the web and radically changing the economics of website management.
About Hillfarrance
Hillfarrance Venture Capital is one of the leading early stage venture funds in New Zealand. Based in Auckland, Hillfarrance invests in audacious entrepreneurs who are solving the biggest challenges that matter in the worlds of artificial intelligence, gaming and content and climate change. The companies they invest in are predominantly focused on international expansion, especially into the US, and pushing the technological frontiers of what is possible in their sectors.
- Anna Dao_founder
- : Tim Nichols
- : CMO
- : tim@proxi.co.nz
- : 0226424657
- : https://octana.io
