Credit card debt fell by more than 3% in just one month, according to the latest Reserve Bank figures, and has fallen by more than 20% since March 2020.
Launched today, share brokerage platform Superhero has the backing of buy now, pay later industry heads, with $5 brokerage fees on trades of $100 or more.
Buy now pay later giant Afterpay has continued its rapid growth in the 2020 financial year, and may have benefited from COVID-19's rejigging of the economy.