The House of Reps passed the Cash Ban Bill today, despite the matter being referred previously to a Senate Inquiry with submissions open to the 15th November 2019. Robbie Barwick from the CEC and I discuss the implications.
There is still time to make a submission, and stop this from becoming law. Our civil liberties depend on it.
https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CurrencyCashBill2019
https://www.aph.gov.au/Parliamentary_Business/Chamber_documents/HoR/Divisions/Details?id=798
We look at the latest from the RBA and APRA. Credit growth is still in the doldrums. https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-1219.html https://www.apra.gov.au/news-and-publications/apra-releases-monthly-authorised-deposit-taking-institution-statistics-for-1 Share this:EmailPrintTwitterFacebookLinkedInReddit
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