The balance outstanding on credit cards – that´s debt that´s accruing interest because it´s not being paid off – has more than doubled in Australia in the last six years, jumping from $16 billion in 2002 to $33 billion in 2008. Rear Vision traces the growth of consumer credit and its increasingly central role in our economy.

[ Wed, 10 Jun 2009 00:00:00 +1000 ]

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