APN online survey results in The Daily Examiner - early morning of 6 May 2010 in response to the question How much do you spend on your pooch each year?
Who said bankers aren't in touch with real life? BankWest is obviously putting a little toe in water with its Social Indicator Series which covers everything from retirement, stay-at-home kids and state of the nation's piggy banks.
It even has a Family Pooch Index, with a national report also differentiated by states:
The latest in Bankwest's on-going Social Indicator Series has revealed that a dog's life certainly isn't cheap anymore, with Australian families spending more than $25,000 on their pet dog over its life-time.
The latest Bankwest Social Indicator Survey, the 'Family Pooch Index', revealed the average Australian family outlays $2,452 per year for the care of their canine, on top of their initial purchase of the pup of $585. Over the average life span of a dog, ten years, this equates to more than $25,000.
Not surprisingly, pet food and other gourmet doggy treats gobble up the bulk of the annual cost - $1200. This was followed by veterinary costs, at $450 per year, and additional dog care, such as grooming, dog walking, dog dietician and a dog trainer at $405 each per year.
The research also revealed what many of us have suspected for a long time, namely that half of Aussie pet owners consider their pet to be equally important as their kids. An overwhelming 96 per cent of respondents consider their pet as a member of their family.
* The research has revealed that pet owners think the cost of a pet dog is a small price to pay in return for what a dog provides its family. Survey respondents noted their love for dogs, the companionship provided by a 'man's best friend' and the peace of mind and security a pet canine creates as the main reasons for owning a dog.
*.....the average New South Wales family outlays $2,600 per year for the care of their canine, on top of their initial purchase of the pup of $580. Over the average life span of adog, ten years, this equates close to $27,000.
NSW is the state that spends the most on pets. WA spends the least.
25 per cent of Aussie dog owners pay a dog groomer to maintain their dogs appearance.
50 per cent of Aussie dog owners buy their dog gifts for special occasions
e.g. birthday, Christmas etc.
80 per cent of Aussie dog owners have a dog for companionship
Over 30 per cent of dog owners have a dog to encourage them to exercise. 5 per cent of people have their pets in their will.
11 per cent of respondents said they regret having a pet.
8 per cent of people take their pet with them on holiday.
* Not surprisingly, spend-thrift Generation Y pay out the most when it comes to the upkeep of their pet dog. Interestingly though, over 10% of Gen Ys surveyed said that their parents fork out the cash to cover all these incurred costs.
*.....the average New South Wales family outlays $2,600 per year for the care of their canine, on top of their initial purchase of the pup of $580. Over the average life span of adog, ten years, this equates close to $27,000.
NSW is the state that spends the most on pets. WA spends the least.
25 per cent of Aussie dog owners pay a dog groomer to maintain their dogs appearance.
50 per cent of Aussie dog owners buy their dog gifts for special occasions
e.g. birthday, Christmas etc.
80 per cent of Aussie dog owners have a dog for companionship
Over 30 per cent of dog owners have a dog to encourage them to exercise. 5 per cent of people have their pets in their will.
11 per cent of respondents said they regret having a pet.
8 per cent of people take their pet with them on holiday.
* Not surprisingly, spend-thrift Generation Y pay out the most when it comes to the upkeep of their pet dog. Interestingly though, over 10% of Gen Ys surveyed said that their parents fork out the cash to cover all these incurred costs.
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