In A Troubled World, The Long Cash Con Continues…

Edwin’s Monday Rant won’t happen tonight, as he is the middle of client settlements. Hopefully tomorrow. But it gives me the chance to reflect on the Bondi incident yesterday, and the noise of which masked a significant announcement by Treasurer Jim Chalmers who announced his so called cash mandate will start on the 1st January 2026. While governments around the world are introducing real laws to protect cash (like Ireland, Sweden, Norway, Austria, the EU and many states and cities in the USA) Chalmers has produced a set of regulations that appease banks and vested interests and will encourage more […]