Australians Shunning Cash For Cards

I wonder how long it took them to find the very last bloke who's like me..but it's ok because going off those figure at over 60 mill in cash still kickin around and it's down a big mill I'll be talking to worms before the cash is all gone

how much do WE take out noodling that puts their figures out and what about nancyc, she'd have to have half that amount posted in pic's that she's so kindly shared so I'd hate to think what she has squirreled away sorry nancyc but you have heaps just in error let along the better stuff

Then there's the backyard boys that like to play..me included

It's sad but eventually we will become a cashless society. We have been forced into it really (for example, most peoples wages get paid into a bank account these days without choice). I know I carry less cash then I used too.

I would have liked some more detail from the article;

How many cashless transactions are taking place? I assume there has been an increase to offset the decrease in the use of cash.

Does the reduction in ATM transactions correlate with with increasing fees? The increase in ATM fees has probably got a lot to do with with ATM withdrawals reducing in my view.

ATM transactions fell to a record low amount! The G.F.C. etc might do that, in general, money is tight so there isn't as much to take out.

Bring on the solarflares and the sooner the better

Slightly off topic but same sentiment.

Australia Post is discouraging stamp use for postage (little printout sticker is preferred) but at same time promoting stamp collecting and special issues (including the mostly disliked PNCs).

I use stamps for virtually all my posting, including ebay sales. I buy MUH (Mint UnHinged -in other words older but never used) stamps from collections for about 75% of face value. For international postage I have to add 10% because that is GST free component only.

Amazing how many people have bought full or half sheets of every issue for years as an "investment". Pity they do not research the trends first.

Jeff

PS. Of course grab every 2010 mob of roos you can find and keep it. I tip those to be a good mover in price in the future.

That from explains the stamp thing, the amount of early to mid 80's stamps I've received for small coin purchases...they're historic...almost pre-historic.

As for CHQ/SAV transactions the banks are hitting my business for an extra 9 cents per transaction. What a joke! From 11 cents up to 20 cents. The banks never get questioned, just business & home owners get messed up. It's just plain frustrating because the greedy banks get greedier...& with the whole situation becoming cashless in the future makes me question what will happen.

and do the same and to the site mate hope you enjoy