Cash

News about cash usage, circulation and distribution throughout Australia.

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 ...
Cash Distribution Framework Bill tabled but debate delayed

Cash Distribution Framework Bill tabled but debate delayed

The Government has formally introduced its long-awaited legislation to “safeguard” Australia's cash distribution system, but the parliamentary debate has now been pushed ...
Uber’s cash play defies no surcharge rules

Uber’s cash play defies no surcharge rules

Just 12 weeks before Australia’s controversial “no surcharge” rules take effect, Uber is embracing the one payment method merchants can still accept ...
Undermining cash: card schemes under fire on ATM fee transparency

Undermining cash: card schemes under fire on ATM fee transparency

As the card “surcharge ban” looms and small businesses look to cash as an alternative, experts say the sworn enemies of cash ...
Big 4 20-year cash power grab runs into fierce resistance

Big 4 20-year cash power grab runs into fierce resistance

Australia's biggest banks say a single cash utility is the only way to keep notes and coins flowing after Westpac exits the ...

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