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There are requests for Australians to visit ATMs and withdraw cash: Explainer April 16

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Westpac ATMs are seen in Melbourne (AAP Image/Con Chronis) NO ARCHIVING Source: AAP / CON CHRONIS/AAPIMAGE

The amount of currency notes and coins circulating in Australia is gradually decreasing. An online petition called 'Draw Out Some Cash Day' was started as a protest against this situation. It is reported that there are 100 billion dollar notes, but only 10 billion are used. Listen to SBS explainer for more information.


Published

By Madina Jaffari, Sydney Lang

Presented by Dinesh Liyanage

Source: SBS




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The amount of currency notes and coins circulating in Australia is gradually decreasing. An online petition called 'Draw Out Some Cash Day' was started as a protest against this situation. It is reported that there are 100 billion dollar notes, but only 10 billion are used. Listen to SBS explainer for more information.



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