FED:Aussies find the urge to splurge

AAP General News (Australia)
12-26-2010
FED:Aussies find the urge to splurge

Aussies have unleashed the purse strings .. finally finding the urge to splurge in
the Boxing Day sales.

Cashed-up Gen Y-ers have led the charge .. providing a timely shot in the arm for retailers
who've endured sluggish sales all year and a disappointing December .. partly caused by
November's interest rate hike.

Tills have sounded loudest in Perth .. where shoppers ran screaming into stores when
doors opened this morning .. on a rare Sunday.

Myer Regional Manager KERRY DAVENPORT says it was the first time all shops in Perth
were allowed to open.

In Sydney's CBD .. queues formed overnight as shoppers jostled to pounce upon the best bargains.

It was the same at Brisbane's Queens St Mall with people queuing from three in the
morning to burst into the city's two biggest department stores .. while in Melbourne more
than one thousand people were waiting at the doors of David Jones in Bourke Street for
the five am opening.

MARGY OSMOND from the Australian National Retailers Association says Perth shoppers
are expected to spend the most .. outlaying between 100 and 500 dollars each.

Melbourne should have the next highest spend .. followed by Sydney.

AAP RTV mdg/sw/

KEYWORD: SALES AUST (SYDNEY)

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