Backlash over proposed laws that could land you in jail for using more than $10,000 in cash

The Morrison government is facing questions over proposed new laws to criminalise the use of large amounts of cash for payments.

เงินสด เงินดอลลาร์ออสเตรเลีย

มีการคาดว่า ร่างกฎหมายห้ามใช้เงินสดเกินหมื่นดอลลาร์ชำระค่าสินค้าและบริการจะมีผลบังคับใช้ในปี 2020 Source: AAP

Proposed laws which could land Australians in jail for using more than $10,000 in cash to pay for goods and services are facing a backlash, but are likely to pass parliament.

In the 2018-19 federal budget, the Morrison government announced it would introduce a cash payment limit of $10,000 made or accepted by businesses for goods and services.

Transactions equal to, or in excess of this amount would need to be made using electronic payment or cheque.

You can read the full version of this story in English on SBS News .


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Published 21 August 2019 12:10pm
Updated 21 August 2019 12:41pm


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