A recent NAB survey on Australia’s wellbeing has shown that if we could “buy” an extra hour of time a day, on average we would pay $68.
Some of us would pay even more – young women the most ($131), followed by middle aged men ($100). It’s perhaps no coincidence young women are under most time pressure and most time stressed of any age group. They also spend the most time on household duties. Middle aged men spend the most time working and commuting than any other age group.
• Almost 1 in 5 people outsource daily tasks to have more time for themselves. The most commonly outsourced tasks are house cleaning, gardening & general maintenance and car washing. The average monthly spend on these tasks is $88 for cleaning, $53 for gardening & home maintenance and $34 for car washing.
• By outsourcing, Australian’s save on average 12 hrs a month (3 hrs/week) on cleaning, 7 hrs a month (1½ hrs/week) on gardening/general maintenance, and 3 hrs per month (1 hr/week) on car washing. While not as commonly outsourced, preparing meals saves the most time (23 hrs a month or 6 hrs/week), and washing/ironing (9 hrs a month or over 2 hrs/week).
• If all of these functions were outsourced this would save 54 hrs a month (around 13 hrs per week). But it comes at a relatively high cost – around $317 per month (or $80 per week).

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