New Zealanders are turning their unspent travel funds into Christmas shopping cash
New Zealanders are turning their unspent travel funds into Christmas shopping cash
24 December 2020
The rush of spending activity is expected to peak today -- after a stellar week of sales.
Chief Executive of Retail NZ Greg Harford says spending is up three to five percent, on average.
He says New Zealanders aren't travelling overseas and with housing prices up and borrowing rates low, customers have extra cash to spend.
© 2024 Newstalk ZB, NZCity