Accountants Supporting the Cash Ban

#CashBan #Australia #Cashless

Susan Franks of the Chartered Accountants of Australia not only supports the $10,000 Cash ban but argues that it doesn’t go far enough. I would rather accept some tiny inefficiencies in our tax system due to the black economy and maintain our freedom to spend cash.

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References

Cash payment crackdown not enough to tackle Australia’s $50 billion black economy

https://www.abc.net.au/news/2019-08-23/cash-crackdown-on-$50b-black-economy/11438692

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