Aussies Spend Record Amount at Christmas

Shoppers looks at Women's Accessories during Boxing Day Sales in David Jones in Sydney, Australia on Dec. 26, 2022. AAP Image/Jeremy Ng

Australians have spent a record $75 billion (US$50.8 billion) in the lead-up to Christmas but the spending frenzy didn’t stop there.

The Australian Retailers Association also recorded unprecedented growth on Boxing Day with the $1.2 billion (US$0.81 billion) spend equating to 15 percent more than last year.