The average Australian wedding costs $36,000. According to a Moneysmart survey, 82% of couples dipped into their savings to pay for their wedding. 60% of surveyed couples got a loan and 18% used their credit card.
The average cost of an Australian wedding is said to be $54,295. That figure broken down looks a little something like this…
In 2022, the average cost of a wedding venue in Australia was $14,758, with the average number of guests sitting at around 90 people. Based on this, the average cost of a wedding venue per head came to around $165.
The bride's family often pays for the majority of the wedding, including the ceremony, reception, and any other associated costs. In contrast, the groom's side of the family is expected to pay for the wedding's rehearsal dinner and honeymoon.
As a guide, here's a list of the expenses traditionally covered by the parents of the groom: the wedding rings, officiant's fee, marriage license, the bride's bouquet, boutonnieres and corsages for the immediate family, music (band/DJ), liquor at the reception and the honeymoon.
Of course, it would be amazing to give your daughter thousands and thousands of dollars as a wedding gift, but not at the risk of making your own financial situation dire. Depending on their relationship with the bride, wedding guests typically give between $50 – $150 when making a monetary gift.
You might be aware that the bride's family is expected to cover the majority of the wedding day costs, while the groom's family pays for a variety of extra activities, like the rehearsal dinner and the honeymoon.
The bride paid for everything, including the ceremony flowers, the gifts for the bridesmaids, the groom's ring, and the groom's gift. Traditionally, the groom's family has footed the bill for the wedding ceremony and reception, including the rehearsal dinner, honeymoon, and transportation.
According to tradition, the bride and her family should cover the majority of expenses including the bride's dress, venue hire, cake, decorations and other services, while the groom's main responsibilities are to pay for the engagement ring, honeymoon and the flowers for the bride.
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Typically, during peak wedding season of May to October, and especially during the height of summer, wedding services and venues will be at their most expensive. When it comes to the hour of the day you want to get married, how much you'll pay really comes down to food arrangements.
The average cost of wedding cakes in Australia can range around $500 to $600. For those who live in Victoria and Western Australia may have to pay a bit more than the average price. For Melbourne, the cost of a wedding cake can be around $325 to $900.
From the mid-1970s until 2018 there was a steady and ongoing increase in the median age of men and women at first marriage. This upward trend halted between 2018 and 2020 but continued again in 2021. In 2021 the median age of men was 30.8 years, and women 29.4 years.
Married spouses are automatically recognised as each other's next of kin. This affords a spouse the right to make emergency medical decisions, inherit life insurance and superannuation benefits, and benefit from an intestate estate.
You must be at least 18 years old to get married, unless one of you is aged between 16 and 18 and: you have court approval by a judge or magistrate to marry. consent by your parent or guardian has been given or dispensed with.
According to the WeddingWire Newlywed Report, parents pay for 52% of wedding expenses, while the couple pays for 47% (the remaining 1% is paid for by other loved ones)—so parents are still paying for a majority of the wedding, though couples are chipping in fairly significantly.
The Bride. If you're still following tradition, then the bride is only responsible for paying for the groom's wedding band and wedding gifts for her bridesmaids. However, there are many wedding costs (everything from a coordinator to flowers and décor) that are often shared between the bride and her family.
Splitting wedding costs equally between the couple and their families is becoming more common across the board: The Knot 2021 Real Weddings Study found that couples pay approximately 49% of their wedding costs, with their families covering the rest at 51%.
The bride's side of the family traditionally pays for the bride's wedding dress and the bridesmaids' dresses. Increasingly, however, bridesmaids are paying for their own dresses.
A typical wedding gift is around $100. The exact amount depends on your personal budget and relationship to the couple, among other factors.
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That all depends on whether the gift is off the registry, an experience, or cash. Upon consulting the experts, a wedding gift should range from $75 to $750—but most agree that $300+ is the sweet spot.
A typical cash wedding gift could range from $50 to $500, depending on the same factors listed above. Even then, aiming for the $100 mark is generally sufficient and will be comparable to the average cost of a physical wedding gift.
An easy rule of thumb is to stay within the average range of $75 to $200, but you can adjust the exact amount based on your personal finances, as well as your relationship with the couple.