Australia's Cash Ban

Published: Jan. 18, 2020, 4:48 a.m.

Photo courtesy of Nikkei Asian Review

Photo courtesy of Nikkei Asian Review

Australia is considering legislation in 2020 that would criminalize cash transactions over $10,000. Some people are very worried. Handheld Travel talks with them.

Further Reading :

https://www.smh.com.au/politics/federal/cash-limit-plan-could-provoke-preselection-challenges-20191128-p53ezw.html

https://www.afr.com/companies/professional-services/deloitte-ey-kpmg-pwc-deny-promoting-tax-avoidance-schemes-20181009-h16dv6

https://www.abc.net.au/news/2019-10-25/cash-ban-law-under-inqury-post-mp-concerns-on-freedom-breach/11640124

The CEC’s website:

https://cecaust.com.au/

Music :

Money by Pink Floyd

Holy Thursday by David Axelrod

This story was written, produced and edited by Lawrence Hamilton