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Flat White

The death of ScoMo’s cash ban is welcome

22 September 2019

4:54 PM

22 September 2019

4:54 PM

Government legislation that would have outlawed cash payments for goods and services exceeding $10,000 AUD to or between businesses has just been set aside and referred to a committee that won’t report back until February 2020. Although this setback for the bill is a notable victory, it should be seen as part of a wider pattern amongst world governments to push for cash’s demise for the sake of their own interests.

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