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In 2022-23, the Mint made more than 110 million Australian coins. In 2023-24, it made about 47 million.

The coin that Australia’s ‘Uber for cash’ wants to kill

Millions of coins sit in wallets, banks, cash register tills, back pockets and underneath sofa cushions – and they face an unknown fate.

  • Millie Muroi

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Customers of Australia’s major banks are being urged to manually update their mobile wallets in order to avoid a looming technical issue that may cause payments chaos on New Year’s eve.

Eftpos customers warned of potential New Year’s Eve chaos

Cardholders at Australia’s major banks are being urged to manually update their mobile wallets.

  • David Swan
Banking apps are at higher risk of outages than most other types of payment service.

Banks spend billions on tech, so why are outages still a thing?

You are not imagining it: the overall impact of banks’ technology glitches hasn’t really improved, despite their deep pockets.

  • Clancy Yeates
The federal government says it’s prepared to ban debit card surcharges from 2026, subject to consultation being led by the RBA.

Why those pesky card surcharges are no longer doing their job

Extra fees for paying on a card have annoyed consumers for years. Now there’s a compelling case for making significant changes to the surcharging regime.

  • Clancy Yeates
Births, Deaths and Marriages Victoria has increased its prices twice in two years.

Births, Deaths and Marriages Registry makes millions from increasing certificate fees in cost-of-living crisis

The Greens will introduce a bill in the next sitting week in an attempt to block further privatisation of government services.

  • Broede Carmody
Philip Leong, from TWS Gai Wong chicken restaurant, holds a counterfeit $100 note at his restaurant in North Melbourne.

‘The fakes are getting better’: Restaurants hit with counterfeit money crime

With their credit cards maxed out, more diners are using cash – some of it fake in another blow to the struggling hospitality industry.

  • Dani Valent
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Perth council rate rises interactive

Perth councils face rate rise pressure as cost-of-living crisis deepens

Perth councils are struggling to find ways not to pass soaring costs on every front to their equally embattled residents – with varying degrees of success.

  • Claire Ottaviano

The way you pay is costing you big time. Here’s how to play your cards right

Sneaky transaction fees – with a nearly $1 billion price tag in Australia last year – are burning a hole in our wallets. Here’s how we fight them.

  • Millie Muroi
Senator Dean Smith / mortgage payments WA

Up to your eyeballs in debt? Join the club as WA mortgages break record

The average figure West Australians are taking out for mortgages has broken the record, jumping more than $30,000 in just three months.

  • Michael Genovese
The notice sent to parents by Nossal High School.

School under fire over $600 family bill to watch children graduate

A selective public school in Melbourne’s south-east has been accused of not considering cost-of-living pressures after charging $160 for students and their families to attend a year 12 valedictory dinner.

  • Robyn Grace

Original URL: https://www.watoday.com.au/topic/payments-hpo