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Australia one of world’s leading cashless societies

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Australia has become one of the world’s top-five cashless societies, according to a new report.

Justin and Kate tried to find out why we’ve embrace ‘tap-and-go’ so feverishly.

Chris Stott, chief investment officer at Wilson Asset Management, told 3AW Breakfast we had been specifically targeted by banks and companies.

‘And we’ll expect that momentum to continue,’ he said.

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