With over 6 million Australians prioritising their honeymoon over the wedding itself, it’s clear that lovebirds Down Under are catching flights—and feelings. A new study by ING reveals that Australians, known for their adventurous spirit, are ready to splash more cash on their first newlyweds trip than on the wedding day itself. The report shows a growing trend toward destination honeymoons, particularly in cost-effective Southeast Asian locales like Bali and Thailand, offering Aussies a perfect blend of luxury and affordability.
Aussies Splurge on Honeymoons
According to the report, the average Australian is willing to spend a whopping $10,613 on their honeymoon, which may surprise some given the rising cost of living. Interestingly, men are more willing to push the budget, with an average spend of $12,108 compared to women’s $9,189. This trend reflects a clear shift in priorities, with the honeymoon increasingly seen as a crucial part of the marriage experience.
For some, the wedding is a mere formality—a prelude to the following dream vacation. The data shows that for about 6.1 million Aussies, the honeymoon is more important than the wedding itself, with 30% of respondents stating they would prefer to allocate a larger budget for this once-in-a-lifetime getaway.
Bali and Thailand: The Honeymoon Hotspots
The ongoing cost-of-living crisis has made budget-consciousness a priority for many Australians. With favourable exchange rates and relatively low costs, Southeast Asia has emerged as the top choice for those looking to maximize their honeymoon experience. Bali, in particular, has become the most popular overseas destination, with 54% of respondents believing it to be the most affordable option.
Thailand, with 47% of the vote, is another top pick. Couples can enjoy romantic dinners and beachside drinks for under $30 AUD. Other popular destinations include Fiji (29%), New Zealand (28%), and the Pacific Islands (23%), which all offer unique and picturesque settings without the hefty price tag of an Australian honeymoon.
The New Honeymoon Trends: Budget and Innovation
Not only are Australians looking for affordable destinations, but many are also rethinking the traditional honeymoon experience. ING’s research reveals that 31% of Aussies planning a honeymoon in the next 12 months would do so on a strict budget, with many setting a limit of $10,000 or even $5,000.
This trend reflects a broader change in how couples approach travel. Only 10% of Australians are willing to spend freely without considering cost, showing that careful financial planning is at the forefront of modern travel. Furthermore, 18% of Aussies are considering taking extended sabbaticals from work to stretch their honeymoon out over several months, while 14% would even work remotely during their honeymoon to facilitate a more extended stay.
Adding a unique twist to the traditional honeymoon, 9% of Australians are considering a “friendsmoon”—inviting friends along for the trip to create a shared celebration that extends beyond just the newlyweds.
Hidden Costs and Smart Honeymoon Planning
Despite the desire to save, several hidden costs can catch couples off guard. The report highlights that over 42% of Australians are wary of foreign exchange fees and international transaction costs—expenses that can quickly add up. Thankfully, there are ways to minimize these costs. ING offers an Orange Everyday debit card that rebates international transaction fees, potentially saving couples an average of $87 per year—equivalent to 44 meals in a Balinese warung or 29 bottles of the popular local Bintang beer.
Matt Bowen, Head of Consumer and Market Insights at ING Australia, offers insights on how Aussies navigate their honeymoon budgets. “The impact of the cost of living continues to affect Australians, and we’re finding that while people are still looking for ways to celebrate their marriage with a trip away, they’re doing it carefully considering costs. This means budget-friendly destinations such as Bali and Thailand are top of mind for Aussies as potential honeymoon locations, to find that balance of luxury and being cost-effective,” Bowen explains.
Top Tips for Budgeting Your Dream Honeymoon
Bowen also provides practical tips for couples stretching their honeymoon budget without sacrificing quality. These include:
- Sign Up for Deals: Airline and travel agency newsletters often offer exclusive deals, helping you stay ahead.
- Book at the Right Time: Many airlines offer ‘happy hour’ deals, while travel aggregators can help identify the cheapest flying times.
- Pack Light: Reducing baggage can help you avoid costly fees at the airport.
- Choose a No-Fee Bank: Consider using a bank like ING, which doesn’t charge international transaction fees, helping you save on unnecessary costs.
- Opt for Free Activities: Many honeymoon destinations offer free or low-cost activities, such as exploring local beaches, hiking trails, or cultural experiences.
The Future of Australian Honeymoons
As Australians continue to navigate rising costs, it’s clear that the honeymoon remains a cherished tradition—albeit one that is evolving. With many couples opting for affordable international destinations and exploring innovative travel options like working remotely or inviting friends along for the ride, the Australian honeymoon is becoming more personalized and budget-friendly than ever before.
In an era where financial considerations are at the top of people’s minds, it’s comforting that Aussies don’t have to compromise on quality. Southeast Asia, with its combination of luxury and affordability, offers the perfect backdrop for newlyweds looking to start their journey together on the right foot.
Final Thoughts
Whether it’s Bali’s stunning beaches, Thailand’s vibrant culture, or the serene beauty of the Pacific Islands, Australians are finding ways to balance the dream of a luxury honeymoon with practical financial strategies. With some planning and thoughtful budgeting, couples can ensure their honeymoon is a memorable start to their new life together.
Written by: Yves Thomas