The Fight For Cash Just Got Terminally Serious!

Digital Finance Analytics (DFA) Blog

Mar 31 2024 | 00:23:25

00:00 / 00:23:25

Show Notes

Despite cash being legal tender in Australia, surprisingly it is legal for businesses to refuse to accept it provided that they inform consumers of their stance before any “contract” for the supply of goods or services is entered into. The war on cash has taken an interesting turn, with the RBA being questioned by the Senate Inquiry into Regional Bank Branch closures, and claiming the use of cash had fallen, but frankly on thin and filtered evidence; while Armaguard, Australia’s only cash-in-transit business is facing the prospect of collapsing due to the claimed declining use of cash. The RBA, which […]

Other Episodes

Episode

October 09, 2024 • 00:09:06

Is The RBA About To Pivot On Interest Rates?

The RBA after the September monetary policy meeting suggested that the official cash rate would remain on hold for the foreseeable future, noting that...

Episode

January 12, 2020 • 00:19:25

First Time Buyer Deposit Scheme – Fish Or Fowl? [Podcast]

We look at the scheme, and discuss its implications. https://www.nhfic.gov.au/what-we-do/fhlds/ https://www.nhfic.gov.au/what-we-do/fhlds/property-price-thresholds/ Should I Buy Now?: https://youtu.be/icbKzsQuM7A Share this:EmailPrintTwitterFacebookLinkedInReddit

Episode 0

March 22, 2021 • 00:22:15

The SME Responsible Lending Misdirection [Podcast]

The appalling proposed changes to Responsible Lending got stalled in the Senate last week. But the Government is going to try and convince the...