The days of the penny may be coming to an end. In a post on X, President Trump’s Department of Government Efficiency, DOGE, led by billionaire Elon Musk, took aim at the cost of minting the 1-cent ...
A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.
Just 1 per cent of the bank’s transactions are conducted ... In 2022-23, the Mint made more than 110 million Australian coins. The year before that, it made more than 134 million.