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1.Market Observations, 8.Was Sticky

11 Jan 2018 (AFR) – Online sales enjoy highest growth since 2014: NAB Online Retail Sales Index

(11 January 2018, AFR, p18, by Julie-anne Sprague)

‘Online retail sales have surged the most since December 2014, with the trend to buy via the web much stronger than this time last year, according to the NAB Online Retail Sales Index (NORSI). Data released by NAB on Wednesday showed online sales jumped 4.7 per cent in November, the highest monthly growth rate since December 2014. The data, which does not capture the Christmas sales period or the launch of Amazon in Australia, shows year-on-year online sales growth was up by…’

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