From carbon tax to spending spree

The carbon tax may have slowed emissions, but it also hit consumer confidence and spending. Now that it's gone, a retail resurgence is on its way.

Take a bow Tony Abbott. It looks like that the abolition of the carbon tax has finally reversed Australians’ obsession with higher saving and cutting back spending.

Although the carbon money is not yet in consumers’ pockets, the energy companies have written to their customers so they know the money is coming.

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