2030: End of the cheque era in Australia

This week, the Australian Federal Reserve indicated that cheques will not longer be accepted as a form of payment after 2030 in Australia. Australia joins New Zealand, Poland and other, smaller, Western nations in this move, which will create more efficiencies for banks, but also sideline a minority of – mostly older – Australians. In an interview with ABC Drive Brisbane, I discuss this development and what it means for the few consumers who still use cheques.