Consumer Credit in Australia during the Twentieth Century
-
Altmetric Citations
Description
This article surveys the growth of consumer credit in Australia during the twentieth century, particularly after the Second World War. Until the 1970s, the regulation of Australia's financial market caused formal consumer credit to be provided mainly by finance companies under hire-purchase contracts, largely for the purchase of cars and household durables. Deregulation of the financial market since the 1960s allowed banks to gain a dominant share in the market for personal loans....[Show more]
dc.contributor.author | van der Eng, Pierre | |
---|---|---|
dc.date.accessioned | 2015-12-07T22:47:48Z | |
dc.identifier.issn | 0958-5206 | |
dc.identifier.uri | http://hdl.handle.net/1885/26202 | |
dc.description.abstract | This article surveys the growth of consumer credit in Australia during the twentieth century, particularly after the Second World War. Until the 1970s, the regulation of Australia's financial market caused formal consumer credit to be provided mainly by finance companies under hire-purchase contracts, largely for the purchase of cars and household durables. Deregulation of the financial market since the 1960s allowed banks to gain a dominant share in the market for personal loans. Quantification of long-term trends is difficult, but broad estimates suggest sustained growth in per capita indebtedness during 1945-2007. | |
dc.publisher | Routledge, Taylor & Francis Group | |
dc.source | Accounting, Business and Financial History | |
dc.subject | Keywords: Australia; Consumer credit; Finance; History; Household expenditure | |
dc.title | Consumer Credit in Australia during the Twentieth Century | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.identifier.citationvolume | 18 | |
dc.date.issued | 2008 | |
local.identifier.absfor | 140203 - Economic History | |
local.identifier.ariespublication | u4024396xPUB43 | |
local.type.status | Published Version | |
local.contributor.affiliation | van der Eng, Pierre, College of Business and Economics, ANU | |
local.description.embargo | 2037-12-31 | |
local.bibliographicCitation.issue | 2, July 2008 | |
local.bibliographicCitation.startpage | 243 | |
local.bibliographicCitation.lastpage | 265 | |
local.identifier.doi | 10.1080/09585200802058917 | |
dc.date.updated | 2015-12-07T11:53:55Z | |
local.identifier.scopusID | 2-s2.0-45849105596 | |
Collections | ANU Research Publications |
Download
File | Description | Size | Format | Image |
---|---|---|---|---|
01_van der Eng_Consumer_Credit_in_Australia_2008.pdf | 385.38 kB | Adobe PDF | Request a copy |
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.
Updated: 17 November 2022/ Responsible Officer: University Librarian/ Page Contact: Library Systems & Web Coordinator