Posts Tagged ‘online spending’

Cards at the Ready: Online Spending Up By Over 10%

Monday, January 13th, 2014

Australians’ online spending has risen by more than 10% in a year, as the 2013 total approaches $15 billion. Measured by proportion, however, this remains some way behind other major Western economies.

credit card online (article_02bc)National Australia Bank’s online retail sales index has shown that $14.6 billion was spent between November 2012 and November 2013 – over 10% higher than the previous year.

Consequently, the calendar year of 2013 could see figures approaching $15 billion, depending on how many people turned to their credit cards to complete their Christmas shopping online.

And despite concerns about the ease of buying abroad, well over $10 billion of this online spending has remained in Australia, benefiting domestic retailers.