So much for poverty, busiest Boxing day sales ever

Looks like the poor state of the economy is a figment of the opposition’s imagination.

Lydia Anderson at the Herald reports:

Yesterday’s manic Boxing Day sales were the busiest ever, according to new Paymark figures.

Paymark, which processes around three quarters of New Zealand’s electronic transactions, saw a 12 per cent increase in spending on Boxing Day – an additional $14.4 million in retailers’ pockets compared to the same day last year.

In total, Kiwis spent $134.4m yesterday.   

It follows record-breaking sales on Christmas Eve, with $238.4m through the network, 18.5 per cent up on the same day in 2012, said Paymark Head of Sales & Marketing, Paul Whiston.

“Christmas Eve this year smashed all our records. Not only did we see the highest value through the network ever, we also saw the highest number of transactions – at 4.35 million – and the largest number of transactions per second.”

For Boxing Day, deals at clothing and jewellery stores (+16.5 per cent), appliance and whiteware stores (+16.6 per cent), electronics retailers (+12 per cent), and floor covering and furniture stores (+17.5 per cent) brought the shoppers in.

“Yesterday was a continuation of the growth in Boxing Day sales we’ve seen in recent years. It’s also an indication that consumer confidence is high due to the improved economy we’re seeing at present _ a win-win for retailers as far as we’re concerned.”

It was good to see some of the small regions reaping the benefits, he said.

“Gisborne saw the highest growth on Christmas Eve, up almost 36 per cent on the previous year. And yesterday Wairarapa saw an extra $200,000 injected into its local economy, an increase of 17.2 per cent on 2012.”

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story.  And when he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet.   Cam Slater doesn’t do quiet, and as a result he is a polarising, controversial but highly effective journalist that takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him.  But you can’t ignore him.