Most of us have a stash of coins somewhere in our home. It could be a change jar, a drawer, or even a pile of the jingly, jangly stuff sitting on a window sill. You save it because, well, it's money, but also because it's a pain to carry around and actually use. Here's what to do with that massive coin stash.
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Australian companies are the slowest in paying overdue bills; the average time for local businesses to pay outstanding invoices is 26.4 days after they are overdue, according to research by MarketInvoice. Based on a new survey by one of the world's largest credit insurers Atradius, it seems that Australian ICT companies are the worst offenders when it comes to late business-to-business (B2B) payments.
Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.
One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.
Do you use your credit card or your phone to pay for your morning coffee, or are you still holding on to that pocketful of coins? Sydney-based coffee roastery and cafe chain Pablo & Rusty's is opening Australia's first cashless cafe in Brisbane, ditching the notes and coins in favour of credit cards, phone-based payments and even smart coffee cups.