Reserve Bank of Australia credit card data shows households have wiped more than $9 billion in debts since start of pandemic

Gerard Cockburn
Updated November 9 2021 - 9:18am, first published 5:30am
The number of credit cards in circulation has fallen to a 15-year low. Picture: Shutterstock
The number of credit cards in circulation has fallen to a 15-year low. Picture: Shutterstock

Australians collectively wiped away close to $10 billion in credit card debt since the start of the coronavirus pandemic.

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Gerard Cockburn

Gerard Cockburn

Economics Reporter

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