There has been broad reporting of the latest S&P ratings report on the Australian banking sector, released this week. In particular, the report calls out political pressure on the sector. Two call-outs of note: We broadly agree with S&P’s analysis of these issues. They do, however, highlight a propensity by both politicians and to a
We are pleased to release our research report exploring the future of cash in Australia. Our findings point to a near-medium term that is contrary to many commentators. We do not believe there is strong quantitative evidence for any recent decline in the volume of cash being used for consumer payments, nor indicators that this
The future of cash in Australia Read More »
In contrast to a growing number of countries in Europe and internationally, through central Europe and eastern Europe, the use of cash continues to be widespread, perhaps even the dominant payment method. Sources: ECB, Statista, RBA, UK Finance, Worldpay Despite the contrasting resistance of consumers and businesses alike to digital payment methods, payment environments across
Cash in Central and Eastern Europe: What Are the Pressing Issues? Read More »
As policy settings are reviewed and payments regulation considered, it is important to to have a clear picture of the broader role that both cash payments and digital payments play, and the relative value and challenge they each have as a form of payment. This article approaches the question through a SWOT (strengths, weaknesses, opportunities,
Cash payments and digital payments: a SWOT analysis Read More »