Cash Isn’t Dead: What the New Mandate Means

For years, the move away from cash has felt inevitable. But new government regulations suggest cash isn’t going anywhere just yet.

From 1 January 2026, fuel and grocery retailers will be required to accept cash for in-person transactions of $500 or less during standard trading hours.

For many businesses, this won’t change much, but for others, particularly those that have shifted heavily toward digital-only payments, it’s a reset.

Small businesses with turnover under $10 million are generally exempt, although there’s a catch. If you operate under a larger brand or shared trademark, the requirement may still apply.

If you’re running a business, it’s worth asking:

• Are you currently cashless or moving in that direction?

• Do you fall under the $10 million turnover threshold?

• Are you aligned with a larger brand that could bring you into scope?

Beyond compliance, this is also a customer experience question. Cash remains important for accessibility, budgeting and choice, particularly for everyday purchases.

As a small business accountant in Melbourne, we see this less as a disruption and more as something to factor into how your business operates day to day.