Original article by Shane Wright
The Age – Page: Online : 4-Jun-24

Cash is now used in just 13 per cent of all transactions in which money changes hands, compared with about 70 per cent in 2007. The pandemic accelerated Australia’s shift to a cashless society, but independent MP Andrew Gee has introduced a private member’s bill that would impose a $25,000 fine on businesses that refuse to accept cash payments of less than $10,000; individuals would be fined up to $5,000. Gee’s bill has the support of fellow independents such as Bob Katter and Dai Le; however, federal parliament has passed only 30 private member’s bills since Federation in 1901.

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