Rate cuts, handouts boost sales as shoppers get their mojo back

By Peter Martin
Updated August 14 2012 - 2:18pm, first published August 3 2012 - 3:00am
Shopping up a storm ... interest rate cuts, mid-winter sales and government handouts bring out hordes of shoppers and packed shopping centres across the country.
Shopping up a storm ... interest rate cuts, mid-winter sales and government handouts bring out hordes of shoppers and packed shopping centres across the country.

PEOPLE stormed back into shops in June as back-to-back interest rate cuts, mid-winter sales and $2.85 billion of government handouts pushed spending on shoes, clothes, cosmetics and takeaway food towards record highs.

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