Distribution of Australian Credit Card Debt 2010

DISTRIBUTION OF AUSTRALIAN CREDIT CARD DEBT 2010 See how Australian credit card debt is distributed across different household characteristics. The average amount of credit card debt across all Australians in 2010 was $4000. Age of reference person (years) Median value of debt for households owing debt 23% 15-24 32% 25-34 2$ 2$ 36% 35-44 2$ 35% 27% 12% 4% 45-54 55-64 65-74 75 and over 2$ 2$ = $1000 Education of Median value of debt for reference person households owing debt 28% University degree or higher $ 2$ 2$ 2$ 31% Diploma 2$ 2$ 31% Finished year 12 21% Finished year 11 2$ 2$ = $1000 Labour Market status Median value of debt for of reference person households owing debt 34% Employee Employer or self-employed Unemployed 32% 2$ 2$ 2$ 19% $ Retired 21% Other not in the labour force $ = $1000 Median value of debt for State or territory households owing debt 27% NSW 2$ 2$ 27% VIC 30% QLD 25% SA 30% WA 27% TAS, ACT AND NT 2$ = $1000 Median value of debt for Housing status households owing debt 14% Home owner - outright 2$ 2$ 39% Home owner - -mortgage 2$ 2$ 29% Renter 2$ $ = $1000 2$ Percentile of Median value of debt for net worth households owing debt 26% Less than 20 36% 20-39.9 2$ $ 32% 40-59.9 2$ 27% 60-79.9 18% 80-100 2$ = $1000 Source: RBA B26 Distribution of Household Debt Report Sample Bank 4231 5889 9. 2588 03712 Cardholder name 1234 5678 9 MONTHYEAR 1234 06/12 CARDHOLDER NAME CARD Sample Bank A 4231 5889