While Australian people and businesses are being understandably cautious about handling cash in this pandemic, the rumours that the World Health Organisation (WHO) warned against using cash are false and risk creating a false sense of security abo
Across Australia people are trying to pull their savings from banks. So far it is a slow, silent “run”, not enough to be a systemic threat with crowds gathering outside of bank branches. But it is accelerating.
After then-Treasurer Scott Morrison announced the $10,000 cash ban in the 2018 budget, his successor Josh Frydenberg estimated to Parliament that the government’s “black economy” interventions, of which the cash ban is one, would bring in an addit
