Record breaking season for retailers

Australian retailers have said that even though many shoppers left their big purchases to the last minute it was still a record Christmas trading season. Predictions of a 5 per cent increase on 2005, to $33 billion in national retail trade over Christmas were likely to be exceeded, said Duncan Shaw, the director of the NSW branch of the Australian Retailers Association. The NSW Chamber of Commerce said that the post-Christmas sales were a focus point for many people. “Our polling suggested that a lot of people – 89 per cent – were taking a cautious approach and saving themselves for the sales,” said Patricia Forsythe, the chamber's director.