Is cash still king in Australia?

WATCH: Christine Stanger discusses a proposed Bill that would make it illegal for businesses to refuse cash payments.

Transcript

00:00 There is a bill being proposed that would force businesses to accept both cash and card.

00:06 What are your thoughts about that?

00:08 Look, I think as cash is still legal tender and hopefully will be for a long time to come,

00:14 I think businesses should accept both card and cash.

00:20 Yes I agree with the bill that they should have to pay both.

00:25 We have the choice not to go to somewhere where we have to pay by card, but it's taken

00:30 the choice away from a lot of people who don't use a card, particularly the elderly and the

00:35 very young.

00:37 And what are your sort of spending habits?

00:38 Do you use cash mostly or card?

00:41 I use BPAY, I use direct debit, I use the card and I pay cash for the smaller things.

00:48 For instance, paying for an overseas trip last year, if we used any sort of card, there

00:56 was a fairly substantial addition to the bill, so we went to the bank, got the money out

01:01 and paid by cash.

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