Source link : https://www.mondialnews.com/2026/04/21/how-australians-are-using-cash-surprising-trends-from-the-2025-consumer-payments-survey/
The Reserve Bank of Australia’s latest Bulletin, released in April 2026, sheds new light on the evolving landscape of cash use across the country. Drawing insights from the 2025 Consumer Payments Survey, the report reveals significant shifts in how Australians manage their daily transactions amid a rapidly digitising economy. As electronic payment methods continue to gain ground, the survey highlights key trends in consumer behaviour, cash accessibility, and the role of notes and coins in everyday purchases. This article unpacks the findings of the survey, offering a detailed overview of what the future of cash in Australia might look like.
Cash Usage Trends Reveal Shift Towards Digital Payments
Recent data from the 2025 Consumer Payments Survey highlight a decisive change in how Australians handle everyday transactions. While cash remains in circulation, its role is notably diminishing, supplanted by a rising preference for digital payments. Contactless card payments and mobile wallets have surged in popularity, driven by convenience, speed, and enhanced security features. This transformation reflects broader global trends, but Australia’s shift appears accelerated by consumer demand for frictionless and contact-free payment experiences.
Key insights from the survey include:
- A significant drop in cash usage for purchases under $20, particularly in urban centers.
- An increase in the adoption of QR code payments and Buy Now, Pay Later services.
- Older Australians…
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Author : Ava Thompson
Publish date : 2026-04-21 06:39:00
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