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Australian notebook. About money: will we miss banknotes and coins?

Australian dollars in Sydney
Australian dollars in Sydney, Friday, Jan. 15, 2016. (AAP Image/Joel Carrett) NO ARCHIVING Source: AAP Image/Joel Carrett

Cash is gradually disappearing from our lives. The reserve bank of Australia says about the complete repression of checks. In the mid 90s, there were 45 written checks for each Australian per year, today there are only three.


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By Vladimir Dubossarsky

Source: SBS



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Cash is gradually disappearing from our lives. The reserve bank of Australia says about the complete repression of checks. In the mid 90s, there were 45 written checks for each Australian per year, today there are only three.



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