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The Commonwealth Bank of Australia has released its December Christmas shopping forecast, predicting $11 billion to ring through the tills.
New research has found that while Australian shoppers eagerly await Amazon’s Australian arrival, most retailers indicate they don’t have a strategy in place to combat the global retail giant.
UPDATE: The ACCC has confirmed that it will investigate whether Australia's major banks are acting unlawfully in their decision to close the accounts of Australian-based bitcoin traders.
The latest CBA cards data reveals good news for local online retail ventures, as spending increased more at domestic websites than their offshore counterparts.