War On Cash Goes into Full Effect — Purchases Over $10,000 ILLEGAL in Australia
Source: Jay Syrmopoulos @ free thought project (Support Free Thought) – Canberra, Australia – The Australian government announced that it will soon be illegal to use more than $10,000 cash to purchase anything, forcing individuals that wish to buy more expensive items to use a cashier’s check or electronic transfer, ostensibly in the name of fighting organized crime and money laundering. The move reportedly comes in response to the government’s Black Economy Standing Taskforce. In addition to the cash purchase ban, the government has allocated a $319 million package to the Tax Office to develop new strategies to target the black...
Source: Jay Syrmopoulos @ free thought project (Support Free Thought) – Canberra, Australia – The Australian government announced that it will soon be illegal to use more than $10,000 cash to purchase anything, forcing individuals that wish to buy more expensive...
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