News on Channel 7: on the last day of Christmas Eve, businesses are looking forward to earning a good deal.
Retailers estimate that since today (December 24, 2017) is the last day and Sunday on Christmas Eve, many people are expected to go to major shopping malls to do their last shopping.
Retail sales in Australia are expected to reach A $48 billion during the Christmas period.
Christmas Eve has traditionally been an important shopping day in Australia, and many people will go out to buy gifts for relatives and friends to celebrate Christmas.
Dominique Lumb, chief executive of the National Retail Association, said it would be a busy day for the retail industry.
Ms. Dominique Lumb told reporters that the food on the shelves would be sold out today.
Because this year is special, Christmas Day just falls on Monday, so many people put their shopping days on this weekend, she said.
What we see is that over the past 12 days, there has been a gradual increase in the flow of people shopping in major shopping malls.
She predicted that during the Christmas period, the amount of shopping for the whole country would be about A $50 billion.
It is expected that the sales performance this year will be better than last year.
Retailers are pleased that many people have come to the mall this year.
