By Jessica Stanic · 19 June 2009 · News
The financial crisis is taking its toll on Aussie wallets, with a shocking 7.5% drop in credit card spending in just one month. But what does this mean for the future of consumer spending?
Australians are reining in their spending in the financial crisis, with new data from the RBA indicating that consumers spent 7.5 percent less on their credit cards in April than in the previous month.