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RE: The War on Cash Rages On in India and Venezuela
And there's talk of the Australian government banning the $100 and $50 too. Like criminals don't know about $20 notes!
And there's talk of the Australian government banning the $100 and $50 too. Like criminals don't know about $20 notes!
Then the Currency Act in AU will change to limit the maximum amount of cash you can pay in a single transaction - first AUD1,000 then AUD500, etc, etc
You already have to account for any cash payment over $10,000. Crazy! I bought a car last year and was turned away with cash in hand, forced to come back with a bank cheque!