Researching your Buy Smart topic
Your project for the Buy Smart Competition should identify and explore an issue relating to shopping and money. In fact, the subject can be any consumer issue you like, just remember these hints to impress the judges.
Developing your entry
Our student entry kit can help you turn your idea into an excellent Buy Smart entry.
You will also need to put your effective research skills to good use.
Use Australian sources to research your issue. Websites from overseas may not accurately reflect consumer laws in Australia.
Entries should focus on giving advice for being an informed consumer.
For example, you might want to do an entry about Schoolies Week. Your advice could focus on buying online or advertising ‘tricks’ rather than, for instance, laws about supplying alcohol.
The links on this page are just a starting point!
Popular topic ideas
- Shopping around
- Budgeting and saving
- Shopping online
- Avoiding scams
- Buying your first car
- Dealing with returns and refunds
- Buying and using a mobile device
- Dealing with credit, debt and finance
When you go shopping—especially for something expensive—would you buy the first thing you see?
Make sure to research your options before you buy something. Search the internet, look in catalogues, visit different stores, talk to store attendants and discuss your purchase with family and friends.
Budgeting and saving
Buying stuff online can be a cheap and convenient option for you and the business. However, buying online can be risky.
Clever shoppers can reduce these risks by following some simple tips. For instance, only make secure payments on a secure website and always research the product, the business and the terms of sale before you confirm your purchase.
There’s no such thing as a foolproof ‘get rich quick’ scheme. If it sounds too good to be true, it probably is!
There are lots of types of scams out there that your project can explore.
Keep yourself safe online and in the real world by always thinking carefully about offers, opportunities or demands.
Be especially careful about things that come unexpectedly and/or require an urgent response.
Buying your first car
For many teens, buying your first car is an exciting but expensive opportunity. You’ll have a lot to think about, particularly if buying a used car.
Make sure to take your time and think about what you really need, and about the best and safest options to avoid ending up with an expensive dud.
Dealing with returns and refunds
Refunds aren’t always an automatic right. Businesses don’t have to give you a refund if you change your mind, buy the wrong size or buy the wrong colour.
Buying and using a mobile device
A lot of kids and teens already own and use their own mobile phones and/or tablet devices. There are important things to think about to avoid getting into trouble.
Mobile phone plans can be confusing, some apps aren’t what they seem and getting your bill can bring an unexpected shock.