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AAP
AAP
Politics
Sebastian Tan

Push to avoid cash flow problem as cards take over

Many Australians still rely on cash despite the soaring popularity of card and tap-and-go payments. (Alan Porritt/AAP PHOTOS)

Regulations could soon govern the use of cash distribution services to ensure Australians still have access to physical currency.

A report from the Council of Financial Regulators has called for fresh powers for the federal government to ensure cash distribution services remain in place, despite the prevalence of cards for spending.

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