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Boxing Day Sales Boom in Sydney

2008-12-26 08:07 AM EST


ZHANG:
It seems the economic downturn hasn’t fazed Australian shoppers. They were out in force in Sydney today looking for bargains at the Boxing Day sales.

STORY:
Ready, steady, go! Shoppers in Sydney, Australia rush to the bargain bonanza.

Across the country they're expected to spend over 10 billion U.S. dollars in post-Christmas sales.

Department stores in Sydney opened early to catch the stream of eager shoppers. Some had even camped outside overnight.

It seems the gloomy economic front makes a bargain too good to resist.

[Shopper]:
"It's actually quite good, this is my first Boxing Day sale, getting up at 4.30 in the morning to come down. So it's pretty good."

[Shopper]:
“I think anytime is a good time for a bargain these days. With petrol prices down low at the moment, I think it's just anytime is a good time for a bargain."

And now could be as a good a time as ever.

The fall of the Australian dollar means that many prices of imported goods like furniture and clothing are set to rise in coming months.
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