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1,098 Posts.
151
15/07/20
16:41
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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 |
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| Number of purchases | Value of purchases |
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| 1000's | $1,000,000 |
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| | |
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Dec-2018 | 240723.2 | 27146.0 |
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| | |
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Dec-2019 | 252539.4 | 28313.8 |
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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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