Aussies set to use their debit cards more frequently

Tuesday 31 January 2012

Article by Mozo

Aussies are expected to use their debit cards more frequently in February and March, according to new statistics.

The Australian Food and Grocery Council believes that shoppers will be more active during the eight-week period than they were during the same two months in 2011, although it warned retailers to forget about lavish spending sprees.

Indeed, the Australian Bureau of Statistics recently reported that retail trade in December 2011 was up by 3.1 per cent year-on-year, but this was mainly because of such low spending in the corresponding period in 2010.

President of international pallet firm CHEP Australia and New Zealand Phillip Austin said that certain natural events in the past 12 months or so may have skewed the results slightly.

"The devastating and tragic floods in Queensland in January last year resulted in 'one off' changes in supply chain activity that will impact year-on-year comparisons during the early months of 2012," he commented.

Last week, the Sydney Morning Herald reported that eBay has seen a growing number of US retailers target Aussies with cheaper online goods.

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Aussies set to use their debit cards more frequently

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