National retail sales surged 7.1 per cent in November as Melbourne shoppers exited lockdown to splurge on household goods and clothes and at cafes.
Treasurer Josh Frydenberg says personal income tax cuts meant shoppers had "more money in their pockets" over the summer break. Alex Ellinghausen
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
