Retailers riding high on better-than-expected December and Boxing Day sales have been told to prepare for a tough slog in the first months of 2024, as consumers put a lid on spending.
The Australian Retailers Association is expecting seasonal sales to rise 1.6 per cent on last year to $24 billion and a record for December.
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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au
