Channelnews : Aussies Set to Splash $10.5 Billion in Tech and Retail Bargain Hunt

Savvy shoppers target EOFY sales for big ticket spending

Australian shoppers are tipped to spend $10.5 billion on mid-year/end-of-financial-year (EOFY) sales – up $400 million or 3.9% from 2024 – as retailers showcase their mid-year promotions to entice cash-strapped shoppers. The annual research was released by the Australian Retailers Association (ARA) and Roy Morgan. ARA Chief Industry Affairs Officer Fleur Brown says mid-year/EOFY sales provide an excellent opportunity for shoppers to find great d…

ARA projects $10.5 billion EOFY sales this year

Australian shoppers are expected to spend $10.5 billion during mid-year to end-of-financial-year (EOFY) sales, marking a $400 million (3.9 per cent) increase from last year. Joint research from the Australian Retailers Association (ARA) and Roy Morgan shows consumers are keen to take advantage of big-ticket and seasonal items or tax-deductible purchases. At the same time, retailers look to boost revenue amid discretionary spending and ongoing ec…

channelnews : Aussies Set to Splash $10.5 Billion in Tech and Retail Bargain Hunt

Australian shoppers are set to spend a record $10.5 billion during this year’s End of Financial Year (EOFY) sales, according to research from the Australian Retailers Association (ARA) and Roy Morgan. That’s a $400 million (3.9%) increase on 2024, as tech, fashion and appliance discounts drive big-ticket spending. Tech and electronics remain hot categories, with...