Business Daily Media

The government wants to keep cash alive for buying essentials. Here’s why it’s such a challenge for businesses

  • Written by Steve Worthington, Adjunct Professor, Swinburne University of Technology
The government wants to keep cash alive for buying essentials. Here’s why it’s such a challenge for businessesCre8tive Images/Shutterstock

Cash usage has fallen off a cliff in Australia, but the federal government says it must have a future. So, it’s going to mandate one.

The Australian government will require businesses to accept cash for essentials such as groceries and fuel. Some (yet to be determined) small businesses will be exempt.

According to T...

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