Credit Card Issuance in Australia - IBISWorld Industry Market Research

Credit Card Issuance in Australia

Credit Card Issuance in Australia - IBISWorld Industry Market Research
Credit Card Issuance in Australia
Published Nov 10, 2014
33 pages — Published Nov 10, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

The Credit Card Issuance industry has continued to grow at steady rates. Total balance of credit card debt outstanding is forecast to grow at an annualised 3.2% over the five years through 2014-15, primarily driven by higher discretionary income levels and a high Australian dollar over this period. Despite households still deleveraging their financial position and the ratio of credit card debt to discretionary income falling, the overall levels of discretionary income levels have increased over the past five years, driving the absolute level of consumption up.

Operators in this industry issue credit and charge cards to businesses and consumers. These cards provide users with a line of credit to use for purchases or cash advances. Credit card balances roll over month to month and can be repaid in full or by instalment. Charge card balances must be paid in full each month. The cards are not issued directly by Visa, MasterCard, Diners Club or American Express. Instead, these companies provide the transaction processing networks.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
X0009
Country
Report Type
Format:
PDF Adobe Acrobat
Buy Now

IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

About the Author


Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Credit Card Issuance in Australia" Nov 10, 2014. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Credit-Card-Issuance-in-Australia-2042-2055>
  
APA:
IBISWorld Industry Market Research. (2014). Credit Card Issuance in Australia Nov 10, 2014. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Credit-Card-Issuance-in-Australia-2042-2055>
  
US$ 910.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.