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The Cash Ban Bill Moves to the Senate
#Economy #CashBan #Australia The Senate has referred the Cash Ban Bill to the Economics Legislation Committee and the due date for submissions is the 15th of November. Are you going to make a submission? References Currency (Restrictions on the Use of Cash) Bill 2019https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CurrencyCashBill2019 Currency (Restrictions on the Use of Cash) Bill 2019https://www.treasury.gov.au/consultation/c2019-t395788
Cash Ban Passes Party Room
#CashBan #LNP #AusPOL The Cash Transaction Ban has passed the coalition party room and is now one step closer to becoming law. Still waiting on the release of those treasure submissions… References Coalition MPs raise concerns about new cash transaction rules https://www.smh.com.au/politics/federal/coalition-mps-raise-concerns-about-new-cash-transaction-rules-20190917-p52s9n.html?fbclid=IwAR02PDEBWdJXa7GEgICDa9NWpS2vBPPMxuVNaJjsyh4a6jbo5cDMdrl812
#Banking #Money #Economy The public is beginning to learn that private Banks are “printing” money out of thin air. References https://www.theaustralian.com.au/nation/politics/big-four-banks-just-creating-piles-of-money/news-story/c87faa72a76d3bd2143fe0d6b088186f
#CashBan #Australia #Treasury Treasury has received over 4000 submissions against the Cash Ban and the CEC is continuing to spread awareness. https://youtu.be/7U_HdfgwvQM References Unprecedented blowback against cash ban—Treasury swamped with 4,000+ submissions! https://cecaust.com.au/media-releases/unprecedented-blowback-against-cash-ban-treasury-swamped-4000-submissions
Australia’s Declining Living Standards
#Recession #Australia #LivingStandards Australian living standards are declining in relation to other OECD counties. So now is naturally the time to take on a huge mortgage and buy a new home! References Australia managed to survive the global recession – but all that good work has been wasted https://www.theguardian.com/business/grogonomics/2019/aug/29/australia-managed-to-survive-the-global-recession-but-all-that-good-work-has-been-wasted