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Online Retail Hits $928m In March

Online retail turnover in March contributed 3.1 per cent to total retail turnover, according the latest retail spending survey by the Australian Bureau of Statistics.

With total retail spending up 0.4 per cent to A$24.94 billion in March, this suggests online retail spending for the month was around $928 million.

The largest contributor to the overall rise was clothing, footwear and personal accessories retailing, which rose 3.5 per cent in seasonally adjusted volume terms in the March quarter, Stats says.

Overall spending on electrical and electronic goods at retail was up 1.2pc on March 2015 figures.

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