Credit Card News

Retail spending barely lifts in January

Australian retail turnover rose by just 0.1% in January 2019, according to seasonally adjusted figures from the Australian Bureau of Statistics.

By William Jolly ● March 07, 2019

Credit card fraud rose significantly in 2018

The latest figures from the Australian Payments Network show credit card fraud rose 5% from June 2017 to June 2018, totaling $565 million worth of scams that financial year.

By William Jolly ● March 04, 2019

What 1,100 Australians had to say about their debt problems

Australia’s first large-scale study on the experiences of people suffering financial hardship has revealed people’s debt problems aren’t always down to poor choices.

By William Jolly ● February 27, 2019

RBA Governor dissatisfied with big four banks’ slow NPP progress

RBA Governor Philip Lowe has given the big four banks a public dressing down over their delays in properly installing the NPP (new payments platform) into their processes.

By William Jolly ● February 26, 2019

Good Shepherd Microfinance calls for more responsible lending

A ‘legislative loophole’ is causing countless vulnerable Australians to accumulate thousands of dollars of debt on things don’t need, according to Good Shepherd Microfinance.

By David Lammey ● February 21, 2019

Aussie consumer spending rebounds

Despite housing market weakness and slow wage growth, Australian consumers appear to have loosened their purse strings over January, according to new data.

By Dominic Beattie ● February 20, 2019

Grocery shoppers want more stores to use ‘unit pricing’

A large majority of Australian grocery shoppers appreciate seeing unit pricing on shop labels in supermarkets and want to see them expanded to more stores, according to a national survey.

By Dominic Beattie ● February 19, 2019

Labor to push through crackdown on payday lenders

Payday lending and consumer leasing in Australia could be set for a shake-up, with Labor to introduce a new bill on Monday.

By David Lammey ● February 18, 2019

Who’s worse with credit cards – Australia, or America?

New data to come out of the United States shows we might be far more responsible with our credit cards than they are…

By William Jolly ● February 15, 2019

HSBC expects Aussie dollar to plummet in value in 2019

The Aussie Dollar could fall to 66 cents against the US dollar in 2019, according to HSBC.

By David Lammey ● February 14, 2019

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