Medicines and government services don’t qualify as “essential” under draft cash mandate rules

Warwick Ponder
Editor
22 Oct, 2025
Only fuel and groceries have been classified as “essential purchases” under draft regulations released for comment on Friday, with medicines, government services and clothing among items failing to qualify.
Medicines and government services don’t qualify as “essential” under draft cash mandate rules

Only fuel and groceries have been classified as “essential purchases” under draft regulations released for comment on Friday, with medicines, government services and clothing among items failing to qualify.

Subscriber article

This article is available to PayDay News subscribers.

trending

Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to

RELATED STORIES ▸

Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
Banktech, Next Payments ride cash wave as no surcharge bill shock looms
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle ...
Public interest test on the line with RBA submission due in days
Public interest test on the line with RBA submission due in days
Public interest test on the line with RBA submission due in days
Submissions to the Reserve Bank's payments review close Friday, with a warning of lopsided debate pushing wallets and Amex ahead ...
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
ACCC shines spotlight on Big 4 cash JV pricing, benchmarked to Westpac
The ACCC has granted ANZ, CBA, NAB and Westpac a second interim authorisation to start building their joint cash company, ...
Harvey Norman, Latitude fined $55m over misleading interest-free campaign
Harvey Norman, Latitude fined $55m over misleading interest-free campaign
Harvey Norman, Latitude fined $55m over misleading interest-free campaign
Harvey Norman and Latitude have been hit with $55 million in Federal Court penalties after misleading millions of Australians about ...
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Finished twice, never lodged: the cash pricing model on ice as it outlives its own permission slip
Declared complete twice, nine months apart, the Independent Pricing Mechanism (IPM) for cash still hasn’t emerged despite the ACCC authorisation ...
Nationalisation by stealth: Armaguard goes to war with Canberra over cash distribution bill
Nationalisation by stealth: Armaguard goes to war with Canberra over cash distribution bill
Nationalisation by stealth: Armaguard goes to war with Canberra over cash distribution bill
The Senate Economics Legislation Committee spent three hours today hearing why the company that moves 85% of Australia's cash thinks ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information