Will consumers have to pay to access cash or face a future without banknotes? | ABC News

Published: 31 December 2023
on channel: ABC News (Australia)
8,329
134

As the use of banknotes for everyday transactions declines, there's been greater discussion about whether Australians should pay to use cash.
Companies transporting hard currency are losing money and experts say the Reserve Bank will need to support them if cash is to remain part of the economy.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2023-12-3...

ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook:   / abcnews.au  
Follow ABC News on Instagram:   / abcnews_au  
Follow ABC News on Twitter:   / abcnews  

Note: In most cases, our captions are auto-generated.

#ABCNews #ABCNewsAustralia


Watch video Will consumers have to pay to access cash or face a future without banknotes? | ABC News online without registration, duration hours minute second in high quality. This video was added by user ABC News (Australia) 31 December 2023, don't forget to share it with your friends and acquaintances, it has been viewed on our site 8,329 once and liked it 134 people.