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Cash Ban Finance

Reducing the Cash ban to $2000

#CashBan #Treasury #HeiseSays

The multinational firm KPMG has called for the cash payment limit to be reduced to $2000. Let’s look at their submission to treasure and remind ourselves why this is an attack on our liberties.

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References

Currency (Restrictions on the Use of Cash) Bill 2019

https://www.treasury.gov.au/consultation/c2019-t395788

More Treasury Cash Ban Tricks – KPMG

German plan to impose limit on cash transactions met with fierce resistance

https://www.theguardian.com/world/2016/feb/08/german-plan-prohibit-large-5000-cash-transactions-fierce-resistance