Towards the Digital Economy - Milestones Report, April 2016

Our fifth Milestones Report shows that the growing digital economy is accelerating the decline in cheque use.

Today’s report shows that Australians used 16.3% fewer cheques in 2015 than 2014. This compares to a 14.3% drop in 2014. Over the last 10 years, cheque use has dropped by a compelling 71%.

Cash use also continues to decline, with the number of ATM withdrawals down by 5.5% in 2015 having dropped 4.7% in 2014.