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Australian consumers are set to spend a record-breaking $5.4 billion in the upcoming four-day shopping bonanza, a big jump on last year’s $3.8 billion.

The mammoth shopping event officially kicks off on November 26 with Black Friday and extends until Cyber Monday. However, many retailers are offering sales right now. Some offer savings of up to 80 percent.

With the lure of huge discounts and extra money from our upcoming tax return, this is usually the time we buy big ticket items. Electronics like laptops are particularly popular with work from home tax deductions on offer. And even fashion items, like a handbag, can be claimed as an essential for your remote office. For more information on how you can maximise your tax return, we have our guide here. Here's our take on getting the best deals this EOFY sales!