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Flat White

Drop the cash ban. Let’s keep legal tender legal

11 February 2020

7:15 PM

11 February 2020

7:15 PM

When does the end justify the means? One answer to that question comes in legislation currently snaking its way through the federal parliament that will, if enacted, ban the use of cash to pay bills of $10,000 or more. The bill has passed the House of Representatives but not yet the Senate, and there are reports of concern with it among Coalition ranks.  

Any modest member who is concerned is right to be.

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