Labor Pledges to Continue Cash Usage for Groceries, Fuel, and Medicine

Published on November 18, 2024

The Albanese Labor government will protect the use of cash as legal tender for essential items like groceries, petrol and pharmacy items, under a new plan to modernise payments. The plan will also include moves to phase out cheques by the middle of 2028. According to the government, a mandate on the use of cash for certain businesses will start in January 2026 after the next federal election. “What we are doing is, we are trying to modernise the payment system recognising a lot of people prefer to use digital, but making sure that we don’t leave people behind who want to maintain the use of cash,” Treasurer Jim Chalmers said on ABC Radio National on Nov. 18....

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