The Conversation

Australia is investigating a digital currency, or e‑dollar, but its benefits seem slight and the risks to privacy large

We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved around via ...

Australia marks 60 years since switching to decimal currency

It’s been 60 years since Australia switched to decimal currency. Some of us would remember when we used pounds and pence ...
Bloomberg L.P.

Australia to Explore Case for Central Bank Digital Currency

Australia’s top economic agencies are collaborating on a project to review the case for a central bank digital currency in the country. The Reserve Bank of Australia, Treasury and others will oversee ...
Reuters

Australia's RBA finds unexpected industry interest in an eAUD

SYDNEY, Dec 8 (Reuters) - A pilot programme for a digital eAUD currency in Australia has attracted much more interest from industry than expected and some projects are set to be tested early next year ...