The Conversation

Sorry Joe, consumer spending will disappoint Santa this Christmas

04-12-2014 Author: The Conversation

Christmas is unlikely to come early this year for retailers as consumers bunker down and pay off household debt.Dan Himbrechts/AAP

Treasurer Joe Hockey called on shoppers this week to “not let Santa down” and asked them to spend up big at the stores this Christmas. Unfortunately, the latest retail and consumer confidence data indicate...

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