Hope MYR got a bite in the spendings
https://www.copyright link/policy/economy/retail-sales-surge-20210111-p56t4aRetail sales bounce back to rude health
John KehoeSenior writerJan 11, 2021 – 12.01pmNational 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
Strong online activity during the Black Friday and Cyber Monday internet sales period also contributed to the stellar pre-Christmas rebound in spending after Victoria's three-month lockdown.
Seasonally adjusted retail sales were also upgraded in October, rising by 1.4 per cent – an improvement on the previously reported zero growth for the month.
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