Cashless Loopholes: Treasury Confirms Exemptions for Bankless Towns

Cashless loopholes: Treasury confirms exemptions for bankless towns

Major supermarkets and fuel retailers in bankless towns may qualify for exemptions from the Government’s proposed cash mandate, sparking fresh concerns about regional access to cash.

Yes, bankless towns could trigger eligibility for cash mandate exemption: Treasury I Australian Rural & Regional News

Major-brand supermarkets and fuel retailers in bankless towns could be eligible for exemptions from the Federal Government’s proposed cash mandate regulations under exceptional circumstances provisions, an official from Treasury confirmed today during Senate Estimates hearings. The information was obtained by West Australian Senator Tyron Whitten in a series of questions about regional banking services. Treasury’s Lynn Kelly and Senator Tyron W…