Latest News About Australian Cash Use Increase

Updated 2026-04-23 07:05

Here’s a concise update on the latest news about Australian cash use increasing.

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Cash usage in Australia continues to decline as digital payments rise

In the ever-evolving landscape of financial transactions, Australia is witnessing a significant shift away from cash, as revealed by Worldpay's latest Global Payments Report. According to the report, cash usage in Australia has dramatically decreased from 67% of point-of-sale transactions in 2014 to a mere 14% in 2024. This trend is expected to continue, with cash projected to account for just 9% of transactions by 2030.

www.nestegg.com.au

Cash is trending UP in Australia, reports RBA - News Hub

The latest official data released yesterday by the RBA shows cash usage is trending up in Australia, despite banks continuing to restrict access to physical currency. The total number of ATM cash withdrawals made in Australia jumped up by 767,600 (2.7%) to 29,438,600 in August 2024 from 28,671,000 in July, (seasonally adjusted) reported the Reserve Bank

newshub.medianet.com.au

Cash use increases

Latest official data released yesterday by the RBA shows cash usage is trending up in Australia, despite banks continuing to [...]

ferntreegully.mailcommunity.com.au