Today I want to consider the social impact of going digital, and the problems associated with financial stability in a disaggregated digital payments world. More evidence I think that banning cash is clueless.
We look at the details outlined in the new Federal Government scheme to assist First Time Buyers. https://www.treasury.gov.au/sites/default/files/2019-10/c2019-23295-nhfic-explanatorystatement.pdf https://www.treasury.gov.au/consultation/c2019-23295 Share this:EmailPrintTwitterFacebookLinkedInReddit
Continuing my occasional series with George, where we go deep into tin-foil hat territory, we chat about democracy, and power, and how corporations interact...
APRA released their Macro-prudential Framework for consultation. We look at their approach, and consider the implications. Spiced wet lettuce comes to mind! https://www.apra.gov.au/news-and-publications/apra-sets-out-framework-for-using-macroprudential-tools-to-promote-financial The...