The Australian National FootFall Index covering discretionary spend retailers for the week commencing October 26, 2015, has seen footfall fall on the previous week with a decrease of 2.8 percent. Year on year, footfall increased by 3.3 percent.
Year to date, footfall has increased by 2.5 percent in 2015 against 2014.
The Government’s highly publicised Secure Jobs, Better Pay Bill is set to pass the Senate this week, marking the onset of the most significant changes to Australia’s workplace relations system for decades.
Christmas is the busiest time of year on the retail calendar. During the peak season, exorbitant pressure is put on retail businesses and their staff to plan for a significant increase in sales.
It’s beginning to look a lot like last Christmas – with most Aussies (59%) claiming they will spend the same or more (12%) than last year despite growing inflationary pressures.
