Booksellers expect strong Christmas despite rate rise

Tuesday, 7 November 2006 Books+Publishing

Derek Dryden, president of the Australian Booksellers Association (ABA), is expecting a ‘fantastic Christmas' for booksellers, despite today's decision by the Reserve Bank of Australia (RBA) to increase interest rates by one quarter of a percent to 6.25% and the release of Australian Bureau of Statistics (ABS) figures showing only 0.1%...