Cash could be almost gone in Australia in a decade – but like cheques, who'll miss it?
- Written by The Conversation
ShutterstockLate last year, the Reserve Bank gave 1,000 Australians diaries and asked them to record every payment they made over the course of a week. Of the 13,000 payments, only 17 were with cheques.
It’s been an astounding collapse. Back in 1980 at the start of the credit card era, 85% of non-cash payments were made with cheques. Today...
Read more: Cash could be almost gone in Australia in a decade – but like cheques, who'll miss it?
