Thursday, December 20, 2012

Consumers loosen Christmas purse strings



Published on Dec 19, 2012
They're not exactly popping the champagne corks yet, but Australia's long-suffering retailers finally have something to smile about.

Perhaps thanks to a few interest rate cuts, consumers are starting to loosen the purse strings this Christmas.

Spending's already up slightly, and with five days still to go, retailers are hoping the best is still to come.

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