Category: cheques
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Money might be nearly gone in Australia in a decade – however like cheques, who’ll miss it?
Late final yr, the Reserve Financial institution gave 1000 Australians diaries and requested them to file each fee they remodeled the course of per week. Of the 13,000 funds, solely 17 had been with cheques. It has been an astounding collapse. Again in 1980 in the beginning of the bank card period, 85 per cent of…
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Treasurer indicators off on cheques with reforms to the way in which we pay
The best way we pay in Australia is ready for an overhaul with cheques being abolished and monetary establishments transitioning from two digital cost techniques to 1. On Wednesday the federal government launched its strategic plan for the way forward for Australia’s funds system. The strategic plan is a part of an effort to modernise…