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Australians don't want cashless





Most Australians do not want cash to vanish despite coronavirus speeding up the trend towards a cashless society.

A survey for Tasmanian-based MyState Bank suggested about 70 per cent of Australians wanted cash retained.

MyState Bank said the research showed the pandemic and concerns about health risks had accelerated a shift to what it described as a "less cash" society.

It found 68 per cent of Australians were using less cash since the outbreak.

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.










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