Southern Gazette (South Perth) - - Opinion - Rick Lee - re­gional ed­i­tor

IT doesn’t look like there will be too much Christ­mas cheer for re­tail­ers this year. With new head­lines of the high­est un­em­ploy­ment in 13 years, WA mums and dads are likely to be a lit­tle more care­ful with the cash. The WA un­em­ploy­ment rate rose to 6.6 per cent in Novem­ber, with more than 95,000 look­ing for work, which is likely to dampen Christ­mas con­sumer spend­ing. But shoplifters also put a strain on prof­its. A re­port from the Aus­tralian Re­tail As­so­ci­a­tion pre­dicted re­tail theft would reach $1.4 bil­lion in the six weeks be­fore the hol­i­day. That is a stag­ger­ing fig­ure, ac­count­ing for 3 per cent of all re­tail spend in Aus­tralia. Roy Mor­gan Re­search ex­pected Aussies to fork out a whop­ping $46 bil­lion for Christ­mas this year. So the poor old shop­keep­ers not only have to work harder for our busi­ness, they also have to be hy­per vig­i­lant about thieves steal­ing the ic­ing off their Christ­mas cake.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.