Topic | Cash economy | The Sydney Morning Herald

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Cash economy

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Cash crisis averted as banks, retailers throw Armaguard $50m lifeline

Cash crisis averted as banks, retailers throw Armaguard $50m lifeline

Armaguard, owned by Linfox, will receive funding from its biggest customers, in a move aimed at securing supplies for at least the next year.

  • by Clancy Yeates

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Saving the lobster, prawn and pineapple: MPs fight to force shops to take cash

Saving the lobster, prawn and pineapple: MPs fight to force shops to take cash

Independent MPs are demanding the federal government make businesses accept cash from shoppers – or face thousands in fines.

  • by Shane Wright
Why are more businesses charging extra to pay by card?

Why are more businesses charging extra to pay by card?

More businesses are now placing surcharges on all card payments, while they were previously only common on credit cards.

  • by Mary Ward
A day-trip to Venice may cost up to $500 if new tax not paid

A day-trip to Venice may cost up to $500 if new tax not paid

Visitors arriving at the main train and bus stations will be met by stewards who will remind tourists of a new entrance fee for the city’s historic centre.

  • by Colleen Barry
Armaguard rejects $26 million lifeline after being asked to open its books

Armaguard rejects $26 million lifeline after being asked to open its books

After asking for financial support and walking away from $26 million on offer, Armaguard will try to negotiate with customers individually, but good faith may have eroded along the way.

  • by Jessica Yun
The billionaire versus the banks: The fight over the death of cash
Opinion
Cash

The billionaire versus the banks: The fight over the death of cash

Billionaire Lindsay Fox’s ownership of Armaguard makes him the king of cash (of sorts). The trouble is cash is going the way of the dodo.

  • by Elizabeth Knight
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Good riddance to cheques, but don’t ditch cash just yet
Opinion
Payments

Good riddance to cheques, but don’t ditch cash just yet

Cheques are an inefficient form of payment and should be phased out. Cash, however, is still used and valued by many.

  • by Noel Whittaker
From stall to supermarket, India’s QR codes show the future of payments

From stall to supermarket, India’s QR codes show the future of payments

Non-cash payments are driving a rapid transformation in the world’s most populous nation. India’s government sees the digital system as an alternative to China’s Belt and Road.

  • by Matt Wade
The Netherlands is one of the richest nations. Why are families lining up for food?

The Netherlands is one of the richest nations. Why are families lining up for food?

Needy families are queuing for handouts at food banks across the country, underscoring how poverty is taking root even in lower middle-class families.

  • by Mike Corder
Argentina cracks down on football fans burning money to taunt rivals

Argentina cracks down on football fans burning money to taunt rivals

Visiting foreign football fans who mock Argentina’s crippling inflation crisis by burning banknotes will be punished with up to 30 days in prison.

  • by Harriet Barber
No quick fix as China’s economy sinks into deflation

No quick fix as China’s economy sinks into deflation

Despite $20 billion in trade strikes over the past four years, the superpower remains Australia’s largest export market and a key engine of economic growth.

  • by Eryk Bagshaw