The state of the economy at the street level

[mullokintyre]

I heard that Kmart don't believe in cash anymore as can only pay by card there apparently !? as an elderly friend of mine is old school only carries cash $ got the runaround/big lecture at a Kmart store the other day for insisting on wanting to pay with cash $

P.S. Says he's never going to Kmart ever again lol

The answer to that is just walk out without paying.
last time I checked, cash was still legal tender.
so if they dont want to take your cash then just walk out.
should kmart wish to charge, would be an interesting court case.
mick

 

[Dona Ferentes]

people want to socialise

Endeavour Group says that retail sales for the first quarter were down 6.2 per cent to $2.49 billion, while hotel sales for the quarter were up 90.8 per cent to $538 million.

“First quarter sales have accelerated in our hotels, while our retail brands have continued their market leadership as we cycle the unique peaks in COVID-19 lockdowns in place at the same period last year,” the company said.

 

[rcw1]

I heard that Kmart don't believe in cash anymore as can only pay by card there apparently !? as an elderly friend of mine is old school only carries cash $ got the runaround/big lecture at a Kmart store the other day for insisting on wanting to pay with cash $

P.S. Says he's never going to Kmart ever again lol

Good morning
No cash ? taken at Qld Country Bank Stadium during NRL games, thinking same at Suncorp too.

Have a very nice day, today.

Kind regards
rcw1

 

[againsthegrain]

Good morning
No cash ? taken at Qld Country Bank Stadium during NRL games, thinking same at Suncorp too.

Have a very nice day, today.

Kind regards
rcw1

I went to a dentist who didn't take cash but they had a surcharge on card payments...

 

[wayneL]

I went to a dentist who didn't take cash but they had a surcharge on card payments...

I thought that was illegal?

 

[frugal.rock]

I think everyone should politely point out to these retailers that cash can't be hacked.
Cash doesn't fail in a blackout.
Cash promotes a balance in the economy.

And probably more to the point, governments and institutions can't really fully control people' s minds with a cash system... be prepared for a glazed expression if you state that last point...

Long live cash... ?

 

[againsthegrain]

I thought that was illegal?

I wasn't about to argue with people that will hold a drill in my mouth.. it probably is illegal

 

[Dona Ferentes]

I thought that was illegal?

they have to disclose the surcharge, prior to the transaction.

This is only for credit cards, which carry a Merchants Fee. A debit on a card shouldn't attract a fee. (you have to have money in the account, of course)

 

[againsthegrain]

they have to disclose the surcharge, prior to the transaction.

This is only for credit cards, which carry a Merchants Fee. A debit on a card shouldn't attract a fee. (you have to have money in the account, of course)

my debit card was charged the 1% surcharge, once again I didn't want to argue over 1% at a place that is related with my health but really pissed me off ?

 

[Telamelo]

I went to a dentist who didn't take cash but they had a surcharge on card payments...

Surcharge on card payments unfortunately seems to be common nowadays almost everywhere especially on weekend's if eating out/entertainment etc. Worse on public holiday's I've noticed as well - extra surcharges applicable

 

[divs4ever]

people want to socialise

Endeavour Group says that retail sales for the first quarter were down 6.2 per cent to $2.49 billion, while hotel sales for the quarter were up 90.8 per cent to $538 million.

yea , but , hotels have had some crazy operating hours over the last two and a half years

will not be impressed until they hit RECORD highs ( we have this thing called inflation lurking about currently , anything not at least 5% above the all-time record is losing ground )

 

[divs4ever]

I wasn't about to argue with people that will hold a drill in my mouth.. it probably is illegal

HA HA , they won't get me like that ( i have had all false teeth since 21 )

and cash is trash ( or so they now are telling you )

the more interesting part of this is , cash is a symbol of trust in your government ( interpret that as you will )

 

[qldfrog]

yea , but , hotels have had some crazy operating hours over the last two and a half years

will not be impressed until they hit RECORD highs ( we have this thing called inflation lurking about currently , anything not at least 5% above the all-time record is losing ground )

5 % only?

 

[divs4ever]

can't go scaring the masses ( and we are talking 5% per quarter , which probably is still conservative )

BTW i DID buy a bottle of Guinness black stout to celebrate the beginning of the fall of the Great Britain ( UK ) on that extra holiday we had

that should be a real popcorn seller

( the Scottish referendum later this month and strong rumblings about the two Irelands reuniting , i wonder what the Welsh are going to do ?)

 

[rcw1]

... , i wonder what the Welsh are going to do ?)

try and win another 6 nations championship

Kind regards
rcw1

 

[moXJO]

Ate at a more working class area restaurant attached to a mall (friends with owners).
It was dead. Apparently no customers all day and the entire mall was super quiet all day as well.
6 months ago the place was pumping. Must be hitting the end of rate rises soon. From here it's mainly to see if they crash land us.

 

[frugal.rock]

For us working class, it's all head down bum up till Chrissie/New year hols and then skint into a frugal new year.
Unless a super Santa rally arrives soon..?
Unbloodylikely.

 

[divs4ever]

my Santa normally arrives late ( between Boxing Day and January 10th . roughly ) light trading , illiiquid stocks , and bills to pay , but cherries to be picked up for those with a little cash on hand

 

[moXJO]

For us working class, it's all head down bum up till Chrissie/New year hols and then skint into a frugal new year.
Unless a super Santa rally arrives soon..?
Unbloodylikely.

RBAs dreaming of a skint Christmas.
It's a tough position because there is still a lot of money being blasted by the top end.

 

[UMike]

I went to a dentist who didn't take cash but they had a surcharge on card payments...

I thought that was illegal?

Only illegal to profit from it.
A Vendor is fully allowed to recover their costs.
Thats why third party suppliers like Tyro are so popular atm