Business
Worried Australians add $50 notes to coronavirus stash – Sydney Morning Herald
Toilet paper and canned food aren’t the only items Australians have been hoarding during the pandemic – $50 notes have also been in demand.
The $50 is the note of choice for those keeping cash under the mattress, with 143 million more on issue in July than February. There are now $46.4 billion worth of “pineapples” around, compared to fewer than $40 billion at the start of the year.
But if your wallet has fewer $10 and $5 notes in it you’re in good company, with cafes and restaurants in some areas refusing cash payments. There were $1 billion of $5 notes on issue in July, down from $1.1 billion before the pandemic began. There are …
-
Noosa News23 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
General22 hours agoTyler Wright soaks up Bells Beach return as poor conditions at Rip Curl Pro sees men’s opening round called off
-
Noosa News24 hours agoWestern Queensland graziers begin grim stock count after catastrophic floods
-
General22 hours agoTruck driver charged with causing death by dangerous driving after highway crash