After spending a record amount on Black Friday and Cyber Monday sales, Australians are expected to spend a further $21 billion (US$15 billion) across the country after Christmas.
The Australian Retailers Association and Roy Morgan released a forecast, that argues that Australians will back this up with a strong trading period between Boxing Day and Jan. 15. If realised, it would be an increase of 2.1 percent on the previous year and up 12.6 percent from 2019, prior to the pandemic.
