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Labor to Mandate Cash Option for Buying Essentials

The opposition has called for clarity regarding what ‘essential’ items will come under the proposed law.
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Labor to Mandate Cash Option for Buying Essentials
A woman pays a fruit vendor in a market in Melbourne, Australia, on July 23, 2013. Scott Barbour/Getty Images
Monica O’Shea
Updated:
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The Albanese Labor government will protect the use of cash as legal tender for essential items like groceries, petrol and pharmacy items, under a new plan to ensure the future of cash.

The plan to modernise Australia’s payments system also include moves to phase out cheques by the middle of 2028.

Monica O’Shea
Monica O’Shea
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Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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