Cheque's in the mail? Not for much longer, warns RBA governor Philip Lowe

Reserve Bank governor Dr Philip Lowe has signalled that death of the cheque is inevitable. 

The warning comes as cash transactions continue to fall as "tap and go" transactions become the norm. 

But Nationals Seniors Australia chief advocate Ian Henschke says a disorderly transition could constitute elder abuse.

Here's my story from The World Today