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Staggering amount Aussies expected to spend in Black Friday and Cyber Monday sales

Australian shoppers are expected to spend just over $600 on average in Black Friday and Cyber Monday sales, according to new research.Men on average are expected to spend $220 on average more than women with clothes, technology and homewares expected to be the most popular categories.The average Australian estimates they spent about $630 during last year's sales, which indicates spending may be slightly down this year, according to Westpac.

Staggering amount Aussies expected to spend in Black Friday and Cyber Monday sales

Australian shoppers are expected to spend just over $600 in Black Friday and Cyber Monday sales, according to new research. (Getty)Black Friday will fall on November 29 this year, while Cyber Monday will take place on December 2.For those who participate in the sales, spending spikes during these key shopping periods as bargain hunters look to stretch their dollars."People want to economise in the lead-up to Christmas gift-giving, planning their purchases to save on spending," Westpac senior economist Matthew Hassan said."But despite best-laid plans, impulse purchases still happen at the checkout and retailers will be working hard to encourage people to spend."Shoppers have also been urged to be mindful of the risk of scams.According to the bank, almost 40 per cent of Australians said they have previously been exposed to a buying or selling scam online during festive season sales, particularly with technology and clothing purchases."Sometimes, when faced with the lure of a large discount, it's hard to determine a good discount and a too good to be true discount," Westpac cash and transactional banking managing director Mandy Rutherford said."Plan your purchases, and pause before you buy, to ensure that they are within your budget and you are buying from a reputable retailer."

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