When and why it matters for your businessAustralia’s cheque system closes 30 June 2028. But if you’re running a small business in Australia and still using cheques for anything, it’s time to pay attention. Personal, commercial, government and bank cheques will stop being issued entirely on 30 June 2028. But here’s a stark indicator: as of September 2025, Australians were holding an estimated 3.5 million bank cheques worth $820 million. “We would urge people holding outstanding cheques to bank them well before the cheques system is closed.”