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

Gerard Cockburn
By Gerard Cockburn
Updated November 8 2021 - 10:18pm, first published 6:30pm
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.