Australians spent a record $350 billion in retail purchases last year and the product that showed the biggest jump in spending was alcohol.
Over the first year of the COVID-19 pandemic, consumers ramped-up their spending at liquor retailers by 26.5 per cent.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
