Region. A '$10' Christmas

George Trittis, who runs a House franchise, in Parramatta, and Wednesday’s Homewares, in North Ryde, it would be a “$10 and $20 Christmas” following the latest hike in interest rates. “I can’t discount anymore to sell more”, he said in The Australian Financial Review. Greg Smith, CEO of whitegoods and electronics retailer Clive Peeters, which has outlets across Western Sydney, said the rate rise was premature. “Consumers are still uncertain and a rate rise this close to Cvhristmas could have a negative effect,” he said. A discount outlet in Church Street, Parramatta, is offering clothing at $5.