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Australia: almost all cashless. You only get some cash when you buy a used car, pay a tutor or something else like that. The govt endgame seems to be forcing m
by jojobas 3y ago
Australia: almost all cashless. You only get some cash when you buy a used car, pay a tutor or something else like that.
The govt endgame seems to be forcing most of the cash out of circulation, a ban on cash purchases of more that $10000 (with some exceptions) is already in place.
https://treasury.gov.au/sites/default/files/2019-10/28454_factsheet_addressing_the_myths_about_the_cash_payment_limit_.pdf https://treasury.gov.au/sites/default/files/2019-10/28454_fa...
- dottjt 3y agoIt depends where you go, especially dependent upon the town (for example, Springvale in Victoria has a large ethnic Vietnamese community, and a lot of business is done using cash) In addition using cash often saves you money. A lot of restaurants will literally give you a discount if you pay with cash.
- jojobas 3y agoThese businesses are 100% tax-evading. There has to be a better way to balance the ability to use cash and not have people evade taxation.
- chironjit 3y agoThe pandemic did a real switch. I remember being able to go weeks cashless back before it, but today I don't even carry my wallet out with me.
- jojobas 3y agoMy observations were the opposite, everyone went germaphobic during the pandemic and the last holdouts switched to cards, or worse yet, phones.