Cash is still king – Aussies rush back to cash
Reserve Bank of Australia data shows Australian consumers have rushed back to withdrawing cash after an initial plunge during the first few months of the COVID-19 pandemic. There were 45 million cash withdrawals from Australian ATMs (worth $10.6 billion) in December 2019. That number fell to 22 million withdrawals worth $6.5 billion in April 2020 then bounced back to 35
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