The Senate hearing on the 12th December 2019 relating to the Restriction of Cash Transactions Bill revealed the lack of facts, data and rationale for the proposed legislation. This is a 5 minute highlights package underscoring this – and something which your Senators and MP’s must see before its too late.
It is not too late to take action to help drive home that point that this Bill should not be passed.
The CEC just released a “highlights” package drawn from the Senate hearings. There is no evidence of the effectiveness of the ban, no business case, no data; just anecdotal hearsay. This is ideological claptrap.
What a vague basis for supporting a bill which narrows our human rights. A public disgrace!
It appears that scientific bush fire experts have been warning for several years that a catastrophe would be coming and yet these warnings have not been heeded by governments or their bureaucratic officials.
Why is that, and what does it tell us about Australian society? John Adams and Martin North discuss.
Is this also true of impending financial disaster?
The Victorian Liberal Party held their state council meeting in Ballarat where a motion was put forward calling on the Government to abandon their $10,000 cash transaction ban policy.
We discuss the implications of this move, with Steve Holland who is a member of the Victorian Liberal Party and who moved the motion at the State Council Meeting.
Economist John Adams and Analyst Martin North discuss the recent Treasury FOI response relating to the Cash Restriction legislation which was open (briefly) for public comment.