"Despite best-laid plans, impulse purchases still happen at the checkout and retailers will be working hard to encourage people to spend."
Australian shoppers are expected to spend just over $600 on average in Black Friday and Cyber Monday sales, according to new research.
The average Australian estimates they spent about $630 during last year's sales, which indicates spending may be slightly down this year, according to Westpac.Australian shoppers are expected to spend just over $600 in Black Friday and Cyber Monday sales, according to new research. For those who participate in the sales, spending spikes during these key shopping periods as bargain hunters look to stretch their dollars.
"But despite best-laid plans, impulse purchases still happen at the checkout and retailers will be working hard to encourage people to spend."According to the bank, almost 40 per cent of Australians said they have previously been exposed to a buying or selling scam online during festive season sales, particularly with technology and clothing purchases.
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