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PayDay News | Australian Payments News

Australia’s record credit card surge hides a surprising twist

Senior Business Analyst
9 Jul, 2025
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Peter Drennan
Senior Business Analyst
9 Jul, 2025
Add us as a preferred source on Google
Credit card spending just hit a two-year high, but the real story isn't about consumers. It's about businesses on the brink.
Australia’s record credit card surge hides a surprising twist
According to the Reserve Bank of Australia’s latest Retail Payments data to May 2025, credit card spending in Australia just posted its highest monthly growth in two years.

Credit card spending just hit a two-year high, but the real story isn't about consumers. It's about businesses on the brink.

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