Australia's Cash Use Falls to 15% as Digital Payment Dominance Grows

A Senate inquiry into Australia's Cash Distribution Framework Bill 2026 has heard that physical cash now accounts for just 15 percent of transactions, down from 70 percent in 2007, with major banks injecting over $100 million to keep cash circulating. The accelerating shift toward a cashless economy marks a significant milestone in the global move toward centralized digital financial control — a system that would make it technically feasible to restrict or monitor every transaction a person makes. Revelation 13:16-17 warns of a coming world system where no one can buy or sell without the mark of the Beast, a prophecy that becomes increasingly plausible as physical cash disappears and digital infrastructure becomes the sole gateway to economic participation.