Tag: Money

The Cash Ban Bill Moves to the Senate

Post author By Heise Says
Post date 20/09/2019

#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

Tags Australia, Cash, Cash Ban, Money, Spending Restrictions

Cash Ban Passes Party Room

Post author By Heise Says
Post date 18/09/2019

#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

Tags Australia, Cash, Cash Ban, Greens, Labor, Liberal, Money, One Nation, Treasury

Economy Finance

Banks Printing Money

Post author By Heise Says
Post date 17/09/2019

#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

Tags Banking, Cash, Creating Money, debt, Finance, Money, Prining Money, Private Banking, Reserve Bank

Cash Ban Economy

4000 Submissions Against the Cash Ban

Post author By Heise Says
Post date 05/09/2019

#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

Tags AusPol, Australia, Cash, Cash Ban, CEC, Finances, Labor, LNP, Money, Nationals, Politics, Treasury

Cash Ban

ABC Discusses Negative Interest Rates

Post author By Heise Says
Post date 26/08/2019

#CashBan #IMF #NegativeInterestRates It’s good to see that the ABC is beginning to report and discuss the prospect of negative interest rates, with reference to IMF research. References Banning cash so you pay the bank to hold your money is what the IMF wants https://www.abc.net.au/news/2019-08-26/cash-ban-so-you-pay-the-bank-to-hold-your-money-what-imf-wants/11443646

Tags $10000, Australia, Cash Ban, Cash Transaction, Economics, Economy, Finance, IMF, Interest Rates, MMT, Money, Negative Interest Rates

Economy

Negative Yield Bonds

Post author By Heise Says
Post date 18/08/2019

#Bonds #Recession #Yield Nearly a third of the bonds of the world are currently providing a negative yield. Does that fill anyone with confidence? References The bond ‘black hole’ is getting larger and scarier with a third of the global market now negative https://www.abc.net.au/news/2019-08-18/a-third-of-global-bonds-17-trillion-dollars-have-negative-yields/11420860

Tags Australian Bonds, Bonds, EU Bonds, Finance, Money, Negative Return, Negative Yield, US Bonds, Yields

Economy

Tax $1080 Tax Return Surprise

Post author By Heise Says
Post date 10/08/2019

#TaxReturn #Australia #ATO People are surprised that they won’t get a tax return if they haven’t paid any taxes. Perhaps we need to improve our financial education? References https://www.news.com.au/finance/money/tax/why-scott-morrisons-1080-tax-bonus-may-never-reach-your-bank-account/news-story/46558679e55bd937ba7a72709ba0b241

Tags 1080, ATO, Australia, Kevin Rudd, Money, Tax Payment, Tax Return