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The disturbing sign Australia could become completely cashless in just two years

Almost three-quarters of transactions for purchases of $10 or less were now done with a card or a digital payment instead of cash. Finance expert Sarah Wells has issued a dire warning.

New south walesBenjamin watsonTanya livermoreThuong nguyenSarah wellsJack mulqueeneyNicole pedersen mckinnonReserve bankWith australianDaily mailDaily mail australiaHarris farm

Reserve Bank finds Australia s cash, cheque use declining as money goes digital

Only 13 per cent of payments for goods and services in Australia last year used cash. Still, the amount of cash in circulation is near record levels.

Tanya livermoreJack mulqueeneyReserve bank

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