What our future looks like without cash

Australia is rapidly becoming a cashless society. Last year only 16% of transactions in Australia used cash, while notes are increasingly getting taken out of circulation.

But one country has already essentially gone cashless: Sweden- with cash business transactions down to only 8% last year. In this episode of The Briefing, Katrina sits down with Dr Claire Ingram Bogusz from the Stockholm School of Economics to find out what a future cashless Australia might look like.

 

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