Banknote demand rising as more hoard cash

By Kaaren Morrissey
Updated November 1 2022 - 11:48am, first published 11:45am
Cash is increasingly being kept for "precautionary or store-of-wealth purposes", the RBA says. (Dan Peled/AAP PHOTOS)

Demand for banknotes is rising as more Australians keep cash on hand for "precautionary" reasons rather than in the bank.

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