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Newcastle Herald

Jessica Belzycki

We're cashing out. The consequences are real for us all

Marina Neil Michele Bullock Mick Cronin Australia Armaguard RBA Reserve Bank

Grocer An Apple A Day's Shereen Morris said her customers are using cash less and less. Picture Marina Neil

Australia has never been more awash in cash, not that you'd know it.

Around $100 billion of banknotes are in circulation, latest estimates from the Reserve Bank of Australia show - including a massive $19 billion surge during the pandemic.

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