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


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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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