Seniors groups are expressing concerns that the government’s proposed mandate, which will make it illegal for businesses to refuse cash payments for essential purchases, does not adequately address their needs. Set to begin on January 1, 2026, the mandate aims to protect cash users amidst the rising trend of digital payments. Essential items under the mandate include groceries, clothing for infants, personal care items, and medicine, while non-essential purchases like cakes, alcohol, and furniture can still be refused cash.
Advocates for cash payments argue for its importance in avoiding card surcharges and the risks associated with online banking. Business owners like Tass Maniatis from the Frog n Toad Cafe highlight the demand for cash acceptance from both older and younger customers alike. However, criticisms about the mandate’s clarity and sufficiency abound, with Chris Grice from National Seniors Australia pointing out that there are more excluded items than included ones, leading to potential confusion at the register.
The public has until this Friday to submit their thoughts on the mandate, with Treasurer Jim Chalmers stating the initiative allows community voices to be heard in discussions surrounding cash payments.