Posts tagged "cash"

It has a reputation for relaxed getaways, but online debate over Hamilton Island is anything but laidback, after some people discovered the holiday hotspot has gone without cash for years.

Compensation for small businesses hit by yesterday's Optus network outage "has to be on the table," Financial Services Minister Stephen Jones says, as entrepreneurs across the country deal with the aftermath of lost sales and severed communications.

The dealership said it was a cash handling fee that was mislabelled as a surcharge. Meanwhile, card surcharges are generally less than 1.5%.

Businesses, councils, and banking representatives will speak at public hearings held by the Senate Standing Committee on Rural and Regional Affairs and Transport.

A small but vocal group of Australians are using social media to name and shame businesses which do not accept cash, despite contactless card transactions becoming the de facto form of payment for enterprises across the country.

The ATO has unveiled new data on its 'shadow economy' enforcement activities, as it cracks down on unregulated transactions estimated to keep $11 billion from the taxpayer each year.

Cash still needs to be collected and moved around — there’s just a lot less of it, the RBA says. As a result businesses involved in its logistics and distribution are in a spot of bother.

Bizarrely, Australians are amassing more cash than ever — even more so during the pandemic.

The Senate has voted against the federal government's plan to ban businesses from making cash payments over $10,000.

Looking for the best government grants for startups? Some of these should be your first port of call as you're getting started in business.

Aussie businesses are going cashless in droves during the COVID-19 pandemic, but SMEs are getting the short end of the stick as multinational payments giants clip the ticket.

Cash offers an easy means of avoiding tax — one plenty of ordinary Australians use — so the government is keen to crack down on big cash payments.