Sydney, New South Wales -- (SBWIRE) -- 01/08/2016 -- According to Commonwealth Bank of Australia chief economist Michael Blythe, retailers benefit from the increased tourism trade currently being seen in Australia. This is especially true when it comes to Chinese tourists, as they have a tendency to spend more money shopping while on vacation in Australia than other groups. In addition, Australian citizens are traveling less, and this means they are doing more shopping at home. As a result, the retailers at Pitt Street Mall continue to see business is booming.

"Pitt Street Mall remains one of the premier shopping centres in the country and it is easy to see why. With popular shops such as Zara, Just Jeans, Sephora and Gap, individuals find they don't have to visit numerous locations to get all of their shopping done. These shops are accompanied by popular retailers such as Ultima II, Swarovski and Chanel, allowing everyone to find something they love in one shopping trip," James, spokesperson for Pitt Street Mall, announces.

The pedestrianised portion of Pitt Street in the Sydney central business district is only one block long, yet it continues to serve as one of the most cosmopolitan and busiest shopping districts in Australia, as it is home to popular chain stores and over 500 specialty stores. Westfield manages this shopping district and refurbished the area in 2010 and 2011, introducing new pavers and seating along with a catenary lighting system. Shoppers enjoy visiting the area as it is both comfortable and convenient.

"Some worry that the decline in Australia's dollar will make shopping unaffordable for many, yet this isn't necessarily the case. As the Pitt Street Mall blog explains, Zara declared in 2015 that it will not be raising its prices, leading smaller retailers to follow suit in an effort to remain competitive. Due to this decision by the popular retailer, consumers will find their money goes further when shopping at Pitt Street Mall, James continues.

The Pitt Street Mall provides information on a wide range of topics, including new clothing offered through French fashion icon Ines de la Fressange at Uniqlo. Individuals visiting the site find they can read the blog, checks out the shops found in this centre and read about upcoming events. Finding what a consumer needs has never been easier thanks to this shopping centre and its accompanying website.

"Visit the site today to learn more. Individuals living in Australia or traveling to the nation should definitely make a trip to Pitt Street Mall. Those who do so fall in love, as it offers so many shops to choose from and a beautiful atmosphere not found in many retail locations," James declares.

About Pitt Street Mall
Located in the central business district of Sydney, Pitt Street Mall is the pedestrianised portion of Pitt Street that runs one block between King Street and Market Street. It functions as one of the leading shopping centres in Australia and is home to more than 500 retailers.