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Are our pets sending us broke?: Aussies spending billions on their furry friends

tony moclair
Article image for Are our pets sending us broke?: Aussies spending billions on their furry friends

Australia has seen a major growth in how much that they spend on their pets annually, with owners spending the big bucks to feed them top quality produce.

With billions of dollars being racked up on feeding and medical care, more and more Aussies are seeing their pets as their children.

Speaking with Tony Moclair, Chief Executive of Animal Medicines Australia, Ben Stapley, said the reason so much is being spent is because owners really care for their pets and are wanting to give them the best life possible.

Press PLAY to hear where else owners cash is going 

The other big ticket item for pet parents is insurance, with the average policy alone costing Aussies $1 billion in 2025.

Image: iStock

tony moclair
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