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cashless society

  • Commonwealth Bank Backs Down on Cash Withdrawal Fee After Political Pressure
    Commonwealth Bank Backs Down on Cash Withdrawal Fee After Political Pressure
    The $3 fee applies to withdrawals at a bank branch, but not at the ATM.
    December 3, 2024BY Monica O’Shea
  • ‘Worst Christmas Present’: Commonwealth Bank Criticised for Charging for Cash Withdrawals
    ‘Worst Christmas Present’: Commonwealth Bank Criticised for Charging for Cash Withdrawals
    Assistant Treasurer Stephen Jones has called on the bank to reverse the decision.
    December 3, 2024BY Monica O’Shea
  • Labor to Mandate Cash Option for Buying Essentials
    Labor to Mandate Cash Option for Buying Essentials
    The opposition has called for clarity regarding what 'essential' items will come under the proposed law.
    November 17, 2024BY Monica O’Shea
  • MPs Move Bill to Compel Businesses to Keep Using Cash
    MPs Move Bill to Compel Businesses to Keep Using Cash
    'Australians should have a choice as to how to spend their hard-earned dollars.'
    June 5, 2024BY Nina Nguyen
  • Deadline Looms as Major Bank Gears up for Cashless Transition
    Deadline Looms as Major Bank Gears up for Cashless Transition
    The investment bank is phasing out all cash and cheque services in 2024.
    May 2, 2024BY Monica O’Shea
  • Major Bank Promises Not to Close Anymore Regional Branches Until 2027
    Major Bank Promises Not to Close Anymore Regional Branches Until 2027
    Westpac will instead invest more than $150 million in the branch network in the next two years.
    May 1, 2024BY Monica O’Shea
  • Hamilton Island Bans the Root of All Evil: Cold Hard Cash
    Hamilton Island Bans the Root of All Evil: Cold Hard Cash
    Is the path to purity paved with plastic cards?
    April 21, 2024BY Nicole James
  • Big Four Bank Westpac to Close Multiple Branches
    Big Four Bank Westpac to Close Multiple Branches
    The Financial Sector Union said Australians should have the right to do their banking in the manner they ...
    March 13, 2024BY Monica O’Shea
  • ANALYSIS: Cashless Transition Steamrolls Ahead After Major Bank Closes All Branches
    ANALYSIS: Cashless Transition Steamrolls Ahead After Major Bank Closes All Branches
    Australians made $746 million in digital payments in 2018—that number soared to $93 billion in 2022.
    March 8, 2024BY Rex Widerstrom
  • Australian Bank Closes 45 Branches to Become Digital Only
    Australian Bank Closes 45 Branches to Become Digital Only
    The move continues an ongoing push towards cashless transactions across society.
    March 6, 2024BY Monica O’Shea
  • Australia Post Spending $4,000 per Week to Keep Cash Flowing in Remote Town
    Australia Post Spending $4,000 per Week to Keep Cash Flowing in Remote Town
    Australia Post CEO Paul Graham revealed the hard realities of keeping cash flowing in remote communities where bank ...
    February 13, 2024BY Daniel Y. Teng
  • Financial Regulator Consults on New Rules Aimed at Delaying Cashless Society
    Financial Regulator Consults on New Rules Aimed at Delaying Cashless Society
    Under the proposals, banks would be required to plug gaps in cash services where necessary and wait until ...
    December 8, 2023BY Lily Zhou
  • 150,000 People Sign Petition Against Cashless Society
    150,000 People Sign Petition Against Cashless Society
    Falling bank and ATM numbers increase fears of a cashless society.
    November 15, 2023BY Monica O’Shea
  • ‘Stop Herding Us Into a Cashless Society’: Calls for Pause on Bank Closures Following Optus Outage
    ‘Stop Herding Us Into a Cashless Society’: Calls for Pause on Bank Closures Following Optus Outage
    The Optus outage has sparked fears of a world without cash.
    November 9, 2023BY Monica O’Shea
  • Cash Still Remains King
    Cash Still Remains King
    The Optus blackout proves that a small glitch in the system can cause total mayhem in a cashless ...
    November 9, 2023BY Eric Abetz
  • Australia Post Will Not Go Cashless: CEO
    Australia Post Will Not Go Cashless: CEO
    Branch closures are putting pressure on Australia Post to provide banking services to regional communities.
    November 7, 2023BY Monica O’Shea
  • Reserve Bank Says Cash Orders Have Plunged by Two-Thirds in 3 Years
    Reserve Bank Says Cash Orders Have Plunged by Two-Thirds in 3 Years
    Commercial bank cash orders declined two-thirds and cash payments halved over three years to 2022, according to the ...
    October 24, 2023BY Isabella Rayner
  • Risks of Fraud Higher in Cashless Society: Advocacy Group Warns
    Risks of Fraud Higher in Cashless Society: Advocacy Group Warns
    An expedited transition towards digital currency usage could leave consumers worse off.
    October 19, 2023BY Nick Spencer
  • Australian Banks Have Shuttered 400 Branches and 700 ATMs in the Past Year
    Australian Banks Have Shuttered 400 Branches and 700 ATMs in the Past Year
    Nearly 60 percent of all ATM machines have been closed since 2017.
    October 19, 2023BY Monica O’Shea
  • Say Goodbye to Piggy Banks as the Cashless Society Beckons
    Say Goodbye to Piggy Banks as the Cashless Society Beckons
    With the ham-fisted federal government's move to outlaw cheques, will the next step be to remove cash transactions?
    September 28, 2023BY Eric Abetz
  • Woolworths Reduces Cash Withdrawals as Cashless Society Beckons
    Woolworths Reduces Cash Withdrawals as Cashless Society Beckons
    Major Australian grocery chain Woolworths is reducing the amount of cash that can be withdrawn by customers as ...
    September 11, 2023BY Daryl Vandenberg
  • Keep Cash Points Open or Get Fined, UK Banks Told
    Keep Cash Points Open or Get Fined, UK Banks Told
    British banks could be fined if they fail to maintain a minimum level of free access to cash, ...
    August 18, 2023BY Lily Zhou
  • NatWest Warns of Further Cash Withdrawal Limits
    NatWest Warns of Further Cash Withdrawal Limits
    NatWest has warned customers it will further limit the amount of cash they can withdraw from next month, ...
    August 7, 2023BY Chris Summers
  • Major Australian Bank Starts Cutting Cash Services At Branches
    Major Australian Bank Starts Cutting Cash Services At Branches
    One major Australian bank has begun phasing out cash transactions at a number of its branches saying it ...
    April 7, 2023BY Lis Wang
  • The Coordinated Attack on Your Money
    The Coordinated Attack on Your Money
    Like many governments around the world, the Biden administration seems determined to limit Americans’ monetary freedom by taxing ...
    February 13, 2023BY Michael Wilkerson
  • The Next Push to Ban Cash Is Coming From Cashless Denmark, Which Boasted Zero Bank Robberies in 2022
    The Next Push to Ban Cash Is Coming From Cashless Denmark, Which Boasted Zero Bank Robberies in 2022
    The next push to ban cash may come from crime statistics, as cashless Denmark boasted zero bank robberies ...
    January 4, 2023BY Bryan Jung
  • Saying No to a Cashless Society to Teach Children Proper Spending Habits
    Saying No to a Cashless Society to Teach Children Proper Spending Habits
    Commentary A mother gave her 8-year-old daughter $20 to spend at a theme park. The child—let us call ...
    December 4, 2022BY Gabriël Moens
TOP NEWS
  • US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
    1hr By Kimberly Hayek
    US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
  • Here’s Who Won Key House Primaries in Arizona
    2hr By Nathan Worcester
    Here’s Who Won Key House Primaries in Arizona
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    4hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    6hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    6hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
  • Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
    6hr By Epoch Video
    Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    7hr By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    7hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    8hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    8hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
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