AUSTRALIAN shoppers are spending up big this Christmas, and the tills are tipped to be fuller than any year since the global financial crisis hit the world.
Margy Osmond from the Australian National Retailers Association (ANRA) says the overall spend in the four-week run-up to Christmas this year is expected to hit $29.6 billion.
"We think Australian retailers will probably have the best Christmas they've had for four or five years," she told AAP.
And the post-Christmas sales are set to bring in bumper figures, too, with ANRA predicting bricks-and-mortar spending will reach $13.1 billion, up 4.2 per cent on the corresponding period last year.
Ms Osmond believes the other kind of bricks and mortar are responsible for pushing up consumer confidence.
"I think the interest rates are starting to really make some difference in terms of households and the fact that the housing market's taken off, so everyone feels a bit more comfortable about what they're worth," she told AAP.
"And we're post-election, so everyone's like, 'Phew, thank god that's over'."
Australia-wide, bargain-hunters are expected to spend $1.9 billion on Boxing Day alone.
David Jones group executive for operations, Cate Daniels, said the department store was gearing up for a big day when its flagship Sydney city store opens at 5am (AEDT) on Boxing Day.
"We'll have thousands of employees in our stores ready for the millions of customers I hope to see over the coming weeks," she told reporters on Tuesday.
She's tipped men's business shirts, international designer clothes and manchester as some of the best bargains.
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