Cash

News about cash usage, circulation and distribution throughout Australia.

RBA designates Armaguard as cash pricing fight looms

RBA designates Armaguard as cash pricing fight looms

Armaguard has become the first company captured by Australia’s new cash distribution regime, giving regulators significant new powers as unresolved battles over ...
Despite mandating cards, cash still rules the till in Italy

Despite mandating cards, cash still rules the till in Italy

If Australian banks are trying to kill cash, Italy offers a fascinating warning: even mandating electronic payment acceptance across virtually the entire ...
Cash jigsaw still unfinished after framework clears Parliament

Cash jigsaw still unfinished after framework clears Parliament

A lot remains unfinished to secure Australia’s cash future after Parliament last week passed legislation regulating Australia’s cash distribution network, handing the ...
Tobacco inquiry exposes payments blind spot

Tobacco inquiry exposes payments blind spot

A NSW parliamentary inquiry has called for a tobacco excise reset and stronger enforcement after finding organised crime is exploiting cash, private ...
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 more cash. ...
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, JVCo, subject ...
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 covering it ...
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 the government's ...
Cash usage trend ups, with $107B of banknotes on issue

Cash usage trend ups, with $107B of banknotes on issue

The latest data from the RBA shows there is no trend away from using cash but there’s no surprise that there’s a ...
Banks’ social licence at heart of Kiwi cash plan as consultation winds up

Banks’ social licence at heart of Kiwi cash plan as consultation winds up

In stark contrast to Australia, New Zealanders have until 31 July to weigh in on one of the world's most ambitious and ...
ACCC grants cash mandate exemptions for 54 fuel sites

ACCC grants cash mandate exemptions for 54 fuel sites

Just six months into the cash mandate and the ACCC has granted a large group of Petro National and Ampol Australia exemptions ...
Fox, meet henhouse: growing anger at Big 4’s 20-year cash bid

Fox, meet henhouse: growing anger at Big 4’s 20-year cash bid

Clubs Australia, customer owned banks and the country's second-largest cash carrier have all now written to the ACCC. So have a growing ...

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