Lidia Thorpe says 'I don't give a damn' as she rips up Senate censure motion — as it happened
1 month ago

Lidia Thorpe says 'I don't give a damn' as she rips up Senate censure motion — as it happened

ABC  

Federal MP Bob Katter applauds the government's move to make it a legal requirement for businesses to accept cash and coins on essential purchases. Katter made headlines across Australia earlier this year when he attempted to pay for his lunch at Parliament House and was told they wouldn't accept cash. The MP likens a cashless society to "George Orwell's Nineteen Eighty-Four on steroids" and hopes this mandate has bipartisan support. "The Liberals better be on side with this because if they're not, they establish themselves as the handmaidens of the powerful shadowy people that run Australia," he adds.

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RBA governor asks if Australians should pay a fee to use cash, while the ASX200 closes 0.5pc higher — as it happened
1 year ago

RBA governor asks if Australians should pay a fee to use cash, while the ASX200 closes 0.5pc higher — as it happened

ABC  

There's a lot of interest in this topic about the cost of handling physical currency. Ms Bullock said there were obviously costs for businesses associated with processing cash payments, but it would be difficult to enforce a payment for cash and it's likely that financial institutions will continue to absorb these costs for some time. Question: Do we need to …

Australians are hoarding more banknotes but how far away is a cashless society in a digital world?
1 year, 11 months ago

Australians are hoarding more banknotes but how far away is a cashless society in a digital world?

ABC  

For many migrant communities across Australia, cash is still king. "A lot of people don't know how to use the online system or the banking system, and the fact is that they prefer to have control over their cash," she says. Tahera Nassrat says many migrants and elderly people prefer to keep cash rather than use a bank. Mr Kelly …

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