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Cheque books are set to be phased out across the country by 2030 - if not sooner. It comes as the government plans to modernise the way we pay. An announcement will be made by Treasurer Jim Chalmers as part of a bigger push to a digital payment system. Over the past decade, there's been a 90 per cent decline in the volume of cheques being used. The treasurer believes this transition will help reduce costs for businesses. 7NEWS at 6pm. More local news: 7news.com.au/news/sydney #Cheques #7NEWS | 7
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Australia is phasing out cheques by 2030, but banks are running well ahead of that timeline with one major bank no longer processing cheques. Read more via our stories or the ABC News website. #ABCNews #Banks #Money #Cheques #Finance | ABC Brisbane
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