Friday, 11 May 2018

Australia Bans Cash For All Purchases Over $7,500 Starting July of 2019

Australia Bans Cash For All Purchases Over $7,500 Starting July of 2019

Australia’s Liberal Party government has announced that it will soon be illegal to purchase anything over $10,000 AU ($7,500 US) with cash. The government says it’s, “encouraging the transition to a digital society,” and cracking down on tax evasion. But not everyone is happy with the move.
Read more: https://gizmodo.com/australia-bans-cash-for-all-purchases-over-7-500-start-1825946888?source=Snapzu

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