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 …
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