Why we may never go cash free
The Briefing13 Dec 2020

Why we may never go cash free

COVID-19 has really sped up the cashless tend and in today’s episode we’re Briefing you on how close we are to becoming a cashless economy, and the surprising and important reasons why we may never go 100% cash free.

The big four banks closed 170 branches during the pandemic and more than two thousand ATM’s were removed mid-year, it’s unclear whether they’ll come back. Michele Bullock is Assistant Governor at the Reserve Bank of Australia joins us to explain how close Australia is to becoming cashless, and how we compare to other countries.

In today's headlines:

  • Applause as Pfizer vaccine sent out in US
  • Western Australian police brace for gangland war
  • Alleged Bali Bombing mastermind arrested
  • World still not on track to meet Paris Agreement, warns UN chief

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