RDP 2023-08: The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey 4. Cash

Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson

November 2023

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Footnotes

This is somewhat expected, since the average number of transactions per person in the diary is relatively low (about 13). Therefore, small changes in the absolute number of cash transactions cause large changes in the cash share of transactions. [4]

Generally, results for the high and all, and the low and no, cash user groups are similar. [5]

This is the value of wallet cash holdings as reported at the end of the payments diary. In past research, the Reserve Bank reported the value of wallet cash holdings as reported at the beginning of the payments diary. The change occurred because of issues in data collection during the 2022 survey. [6]

The declining frequency of cash top-ups has reduced the CPS's visibility of the access points that respondents use and so these questions were asked to address this emerging gap. [7]