Can middle income earners afford credit cards? (1973) | RetroFocus

Cards like Diners Club and American Express were almost exclusively the domain of the wealthy in 1960s Australia.

By 1973, a new card was on the horizon. Bankcard would be aimed at ordinary people, and ABC’s Jeff Watson wondered what measures banks were taking to avoid bad debt.

This episode of ‘This Day Tonight’ aired on 12th October 1973.

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