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Legal tender: Seven reasons not to abandon cash just yet

12 1
03.12.2024

Despite the rapid rise in digital payments, about 1.5 million Australians still use cash regularly, according to Treasurer Jim Chalmers. Cash can be a lifeline, he explained, when announcing plans last month to require all businesses in Australia selling essential goods, and healthcare suppliers, to accept cash for payment.

The move follows similar cash mandates around the world. The government has also warned banks that they need to keep........

© The Sydney Morning Herald


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