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Is cash dead in Australia? (nord.pub)

submitted 5 days ago by NightOps@nord.pub to c/australia@aussie.zone

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I mean, since the last time I've visited: it seems like no one ever carries it. I prefer it because CC charge additional fees (which end up making the item cost more) I have a small rant about that: STOP RIPPING OFF PEOPLE WITH THOSE SURCHARGES?! (It should be 0 rather than 1%) as it may seem trivial, they add up overtime. Are stores allowed to refuse cash payments outright despite them being legal tender?

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[–] zero_gravitas@aussie.zone 6 points 5 days ago* (last edited 5 days ago)

Good article here on trends that answers some of your questions: https://theconversation.com/why-cash-has-made-an-unexpected-comeback-in-australia-new-study-281029

After two decades of declining cash use, Australians are handing over more banknotes and coins for regular purchases again, a new survey by the Reserve Bank has found.

The decline in the use of physical money had accelerated during the COVID pandemic, but bottomed out between 2022 and 2025.

One decision that may stabilise the use of cash is that since January 2026 the federal government has mandated that most grocery stores and petrol stations must continue to accept cash.