Global Power | Local Knowledge | Uniquely Personal

Households spend $99 per week on fuel and energy

<p $$hash="6487-0"><span $$hash="6486-0">Households in Australia spend close to $100 per week on fuel and energy, research from the Australian Bureau of Statistics (ABS) has revealed.

ABS said that throughout 2012, the average family in Australia spent $39 on gas and electricity bills and a further $60 on fuel.

<p $$hash="6496-0"><span $$hash="6495-0">Yet how much of their income this took up varied depending on home much the family earned per week.

<p $$hash="6497-0">Stephanie Cornes of ABS said: "Energy costs represented around five per cent of the average gross weekly household income.

<p $$hash="6499-0"><span $$hash="6498-0">"It ranged from almost ten per cent for low income households to as little as three per cent for high income households."

<p $$hash="6501-0"><span $$hash="6500-0">Costs generally also went up for families that owned a house rather than for people who were renting. Yet Ms Cornes added that homeowners have a wider variety of options when it comes to saving money on energy bills.

<p $$hash="6503-0"><span $$hash="6502-0">For example, they can choose to have solar panelling installed in their homes to cut energy costs. ABS figures showed that people who had solar spent $6 less on average each week.

<p $$hash="6505-0"><span $$hash="6504-0">Posted by Steve Douglas

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact

Subscribe Now