Cheques to Disappear in Australia by 2030

Cheques to Disappear in Australia by 2030
A National Australia Bank cheque is seen in Melbourne, Australia, on Sept. 7, 2012. AAP Image/Julian Smith
Alfred Bui
Updated:

Australians will soon say goodbye to cheques as the federal government has introduced plans to abolish the paper-based payment system by 2030.

On June 7, the Australian government announced that it would completely phase out cheque usage no later than 2030 as part of a strategic plan to modernise the country’s payment system.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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