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Flat White

Cashed up! What do we make of Chalmers’ thought bubble?

18 November 2024

6:12 PM

18 November 2024

6:12 PM

It is a blink-and-you-missed-it moment, but the Treasurer, Jim Chalmers, has announced a new regulation to protect cash transactions on essential products.

Well, sort of.

‘People are increasingly using digital payment methods, but there is an ongoing place for cash in our society under the Albanese government. The government will mandate that businesses must accept cash when selling essential items, with appropriate exemptions for small businesses,’ said Chalmers.

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