In the 2018-19 Budget, the Government announced it would introduce an economy-wide cash payment limit of $10,000 for payments made or accepted by businesses for goods and services. Transactions equal to, or in excess of this amount would need to be made using the electronic payment system or by cheque. The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.
The real goal is of course to control the little people better, so that those who question The Narrative can be tracked and perhaps deprived of the ability to use the economy at all.
The anonymous use of cash should be considered a fundamental human right.
This is ridiculous. Australians should be able to walk into a Ferrari dealership with a suitcase of cash freshly laundered from Chinese labor operations just like any other free country.
The real goal is of course to control the little people better, so that those who question The Narrative can be tracked and perhaps deprived of the ability to use the economy at all.
The anonymous use of cash should be considered a fundamental human right.