Credit cards promoted through the establishment of rewards schemes or low rate schemes have gained strong popularity in Australia, leading to steady growth of the credit card market over the past few years. As this market is becoming saturated and the economy is predicted to slow, the credit card market may evolve in a less favorable way in the near future.
This report aims to analyse the development of the Australian credit card market and to forecast its trends for the period between 2009 and 2013.