Australians Sell Unwanted Gifts to Combat Cost-of-Living Crisis

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Australians Sell Unwanted Gifts to Combat Cost-of-Living Crisis
E-CommerceUnwanted GiftsCost-Of-Living Crisis
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eBay reports that Australians received an average of two unwanted gifts last holiday season. 52% plan to sell these items to make extra money during the cost-of-living crisis. Younger generations are driving this trend, with Gen Z and millennials leading the way.

E-commerce giant eBay said last year, Australians received on average about two unwanted gifts apiece over the holidays.

And 52 per cent of Australians have previously sold or plan to sell unwanted gifts this year to make some extra money during the cost-of-living crisis.Younger generations are leading the way, with 58 per cent of Generation Z and 57 per cent of millennials embracing the opportunity. eBay's data showed fashion and tech were the most popular unwanted gift categories that went up online post-Christmas of 2023.Boys' clothing saw the greatest surge in listings post-Christmas, up 162 per cent from December 26-31 compared to December 1-25.This was followed by girls' clothing , tablets , smartwatches , controllers , headphones , clothing tops , video game consoles , pants , and dresses .

"Not every gift sparks joy for the recipient, but that doesn't mean it can't bring happiness to someone else," eBay Australia's Zannie Abbott said. "The festive season is a great time to declutter, earn extra cash, and connect gifts with those who will truly treasure them.": Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the'Nothing left': Cyclone Tracy survivor recalls night of terror 50 years on

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E-Commerce Unwanted Gifts Cost-Of-Living Crisis Resale Generation Z Millennials

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