Sales beat outlook
NEW data from the Australian Bureau of Statistics has revealed Queensland’s Christmas trade exceeded expectations. The Chamber of Commerce and Industry Queensland had originally forecast cash registers ringing to the tune of $9.13 billion – about 3.9 per cent up on the previous Christmas. But the actual sales figures were $9.2 billion, which represented 4.2 per cent growth on 2015. “The feedback we are getting every day is that business confidence is on the up, consumer spending is on the up and there is a positive outlook for 2017,” said CCIQ state manager of advocacy Kate Whittle.