In the previous piece looking at stagnating spending on credit cards and static credit limit growth for the past 7-8 years I checked whether the use of debit cards showed any trends. Of course the high levels in the early 90s was driven by the simplicity of cashless EFTPOS services. High growth was a given. After the tech bubble collapse and after GFC, monthly spending YoY in percentage terms fell. Once again we are entering into a similar slowdown as of the latest Nov 2016 figures. Interesting that the Reserve Bank doesn’t openly publish such data in its ‘chart pack’ but at least leaves the data for people with too much time on their hands.