‘Revenge’ spending period sees Australians purchasing ‘absolutely everything’ #Revenge #spending #period #sees #Australians #purchasing #absolutely #englishheadline


Australians are spending money on “absolutely everything” through “revenge” spending period, The Motley Fool Chief Investment Officer Scott Phillips says.

“We saw retail sales up over Christmas by seven and a half per cent but the first big retailer to come out with numbers … was Super Retail,” Mr Phillips told Englishheadline Australia.

“They’re expecting sales to be up 15 per cent for their first half.

“It’s been a really big spending season.”

English Headline

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