Aussies Splash Out $1.6B on Boxing Day
Update: 2025-12-23
Description
Australians are set to spend a record $1.6 billion on Boxing Day, a 4.3% increase from last year, driven by population growth and stronger household spending due to interest rate cuts. The full post-Christmas week is expected to see a 4.4% increase in spending, with household goods, clothing, and department stores leading. Retailers are optimistic about the sectors resilience, but challenges remain with price-conscious shoppers and soft employment. Looking ahead, talks of rate hikes could impact confidence and discretionary spending.
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