Australians set to spend $23.9 billion on Boxing Day

Shoppers are set to splurge at this year’s Boxing Day sales despite cost-of-living pressures. Thousands of people are expected to head to retailers around the country to finish their last-minute Christmas shopping on the weekend. The Australian Retailers Association says 88 per cent of Australians will still buy Christmas presents this year, despite the cost of living crisis. Boxing Day sales are just around the corner, but a whopping $9 billion is expected to be spent before then. About $23.9 billion is expected to be spent by Australians during the Boxing Day sale period.