Key Points

• Some Filipinos prefer using cash to better monitor their budget, while others are more comfortable using cards for faster transactions.
• According to Reserve Bank data, there are $103.7 billion in Australian banknotes in circulation, an increase of $3 billion since October 2024.
• The Australian Banking Association (ABA) announced a two-year postponement of bank closures in regional areas. This moratorium will last until 2027, giving people enough time to adjust to the changes.