Another Bad Santa looms for retail

Monday, 13 September 2021

A new survey of retail sales expectations shows that 21% of Aussies expect to spend less this Christmas than last year versus only 9% that expect to spend more:

Nearly half of all sales will also be conducted online:

With 58% of Aussies expected to purchase more Christmas gifts online than last year:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.