Aussies set to spend around $70bn over the festive period

Despite the cost-of-living crisis and rising interest rates, Aussies are set to spend more on Christmas gifts this year. New research shows retailers will see a nearly $70bn boost in sales over the six weeks leading up to Christmas, with half of Australians already buying gifts by November. For more, 7NEWS Presenter Gemma Acton joins.See omnystudio.com/listener for privacy information.