Men are bigger Christmas spenders than women.

New data by Banked shows people will spend an average $623 on gifts this year, with two thirds happy to fork out for a more sustainable gift if they have the option.

Head of Publishing, Kevin McHugh, says when it comes to the gender differences, women tend to be a bit more sensible and conservative with their money.

LISTEN ABOVE

Men are bigger Christmas spenders than women.
New data by Banked shows people will spend an average $623 on gifts this year, with two thirds happy to fork out for a more sustainable gift if they have the option.
Head of Publishing, Kevin McHugh, says when it comes to the gender differences, women tend to be a bit more sensible and conservative with their money.
LISTEN ABOVE

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A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.