A surcharge for cash payments? What could happen as Australians ditch notes and coins

Summary

1. The advantages of cash include no surcharges, tangibility, and aiding in budgeting and financial literacy.
2. Cashless transactions, while faster and more convenient, are operationally vulnerable.
3. Imposing surcharges on cash could increase costs for consumers and businesses.

References

• Media Check: SBS News - Media Bias Fact Check (HIGH CREDIBILITY)
• Collections/The Runway (airforce.gov.au)
• RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC