Cash use increases
Latest official data released yesterday by the RBA shows cash usage is trending up in Australia, despite banks continuing to [...]
ferntreegully.mailcommunity.com.auHere’s a concise update on the latest news about Australian cash use increasing.
The Reserve Bank of Australia (RBA) has published data suggesting a rebound or uptick in cash use in Australia in 2025, with surveys indicating a notable share of Australians still rely on cash for routine payments and that cash remains an important part of the payments system for many households. This counters the long-running narrative of a rapid move to cashlessness [web sources referencing RBA data and coverage in April 2026; see, for example, 7 News and SBS summaries of the RBA findings].[4][5][8]
In late 2024 to early 2025, RBA data showed cash withdrawals and the stock of currency in circulation remained sizeable, with ATM withdrawals continuing to occur at high levels and the total value of currency in circulation rising modestly during that period. This reinforces the view that physical cash retained a substantial role in Australia’s payment landscape through that time.[1][3][6]
More recent coverage in April 2026 highlights a reported uptick in cash usage again, with surveys showing cash accounted for around 15% of payments in 2025, an increase from earlier years, and a notable portion of Australians still using cash weekly or relying on it for emergencies. These reports describe a “comeback” narrative for cash, driven in part by perceived reliability and inclusion considerations, and underscore ongoing regional and demographic variations in cash use.[5][8][4]
Notes and context:
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Latest official data released yesterday by the RBA shows cash usage is trending up in Australia, despite banks continuing to [...]
ferntreegully.mailcommunity.com.auResults from the 2025 Consumer Payments Survey show that cash use in Australia has stabilised in recent years.
www.rba.gov.auIn the ever-evolving landscape of financial transactions, Australia is witnessing a significant shift away from cash, as revealed by Worldpay's latest Global Payments Report. According to the report, cash usage in Australia has dramatically decreased from 67% of point-of-sale transactions in 2014 to a mere 14% in 2024. This trend is expected to continue, with cash projected to account for just 9% of transactions by 2030.
www.nestegg.com.auTariff wars and geopolitical shocks could have broken the global economy in 2025, but they didn’t, write CBA Chief Economist Luke Yeaman.
www.commbank.com.auCash use is rising in Australia for the first time in almost two decades.
www.dailymail.co.ukThe latest official data released yesterday by the RBA shows cash usage is trending up in Australia, despite banks continuing to restrict access to physical currency. The total number of ATM cash withdrawals made in Australia jumped up by 767,600 (2.7%) to 29,438,600 in August 2024 from 28,671,000 in July, (seasonally adjusted) reported the Reserve Bank
newshub.medianet.com.auWhile day-to-day use of banknotes is declining, a new report has revealed the most popular way Aussies now use their cash.
7news.com.auCash plays an important role in the community as a means of payment, store of value and a backup to electronic payment methods.
www.rba.gov.auPhysical currency was supposed to be on the way out but a new survey tells a different story.
7news.com.auCash use ticked up for the first time since 2007 — and one in three Australians say they'd struggle without it, according to a survey.
www.sbs.com.au