Billions to Be Spent on Black Friday, Cyber Monday

Sale signs are seen outside shops during Black Friday sales at Chadstone Shopping Centre in Melbourne, Australia, on Nov. 25, 2022. AAP Image/Diego Fedele

Even Santa Claus couldn’t stay away from Black Friday and Cyber Monday sales, with Australians expected to splurge a record $6.7 billion (US$4.3 billion).

Australians are set to spend a whopping $6.7 billion over four days in Black Friday and Cyber Monday sales ahead of the festive season.