Article: BRIEFING - ASIA RETAIL - DEC 12, 2008.

An executive briefing on retail for Dec 12, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

AUSTRALIANS URGED TO CURB XMAS SPENDING TO AVOID FINANCIAL PAIN

SYDNEY - Australians should temper their urge to overspend during the festive season or risk starting 2009 bankrupt, a leading debt agency says.

Prushka Fast Debt Recovery chief executive Roger Mendelson said consumers tend to spend more during December on presents, holidays and in their spare time.

WOOLWORTHS CUSTOMERS TO EARN QANTAS FREQUENT FLYER POINTS

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