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Cash or card…or Afterpay?

With Christmas and Boxing Day sales around the corner, Nathan McClelland explores some of the alternative payment methods consumers have been turning towards.

Struggles of the Australian Retail Sector

Source: Benson Kua

I was watching an episode of one of my favourite political TV shows, The Drum (Mon-Fri, ABC News 24 at 6pm) when Dick Smith was introduced as the program guest. I watched with bewilderment as Smith began ranting and raving – it went something like this:

“(without the GST revenue from electronic retail sales) we won’t have the money to pay decent wages to our nurses…our police, you won’t be able fund the ABC in a decent way, this money is gone forever.”

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