RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: OZschwitz Slave Pen: parasite's call to limit cash transactions from Black Economy Taskforce chairman Sun Jun 04, 2017 8:58 pm | |
| Australia will never have a completely cashless economy, says the man heading the federal government's Black Economy Taskforce Michael Andrew, but it's likely that we will see a limit put on cash transactions at $10,000.
Mr Andrew, who is advising the Turnbull government on how it can claw back up to an estimated $15 billion in lost federal tax revenue and illegitimate welfare payments due to widespread cash economy activity, told Fairfax Media that his final report to government, due in October, was likely to include stronger recommendations around limits.
http://www.smh.com.au/business/the-economy/call-to-limit-cash-transactions-from-black-economy-taskforce-chairman-20170602-gwj7hp.html |
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