Perhaps you can explain this?
This is straight from the RBA website
https://www.rba.gov.au/payments-and-infrastructure/resources/payments-data.html
C1 Credit and Charge Cards – Seasonally Adjusted Series Number of purchases Value of purchases 1000's $1,000,000 Dec-2018 240723.2 27146.0 Dec-2019 252539.4 28313.8
I have heard multiple times on this thread from the believers, that "CC usage is in decline"
The RBA data doesn't support that assertion.
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