Australian online retail market worth $19.1bn in 2015: NAB

Australian online retail market worth $19.1bn in 2015: NAB
Australian online retail market worth $19.1bn in 2015: NAB

The NAB Online Retail Sales Index for the December 2015 quarter edition has estimated the Australian online retail market was worth $19.1bn in the 12 months to December 2015.

The survey noted month-on-month figures to December 2015 grew 2 percent, seasonally adjusted, driven in part by online sales growth on 2.5 percent. Australians spent an estimated $19.1 billion in retail online to December 2015. NAB report this level is equivalent to around 6.5% of the traditional bricks & mortar retail sector.

Australian online retail market worth .1bn in 2015: NAB

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

Tags: 
Spending Online Retail

Comments

Be the first one to comment on this article
What would you like to say about this project?