[Veggiepatch]

Yeah, those cents add up, lol

I bet you would scream blue murder if mortgage rates went up by 0.8%, presuming you have a mortgage.

 

[MelanieJune]

Total control? Why do they want total control? And who are "they"?

The ones lurking in the shadows, beyond reach, beyond your periphery, beyond your hearing… the ones who rule, and it isn’t your government, they are puppets. The run the debt system, own private banks. They own you and me and the earth and cosmos.

 

[Greg350]

A cashless society as a means of centralised control

If governments were to monopolize cashless payment systems, e.g. by the issuance of a central bank digital currency (CBDC}, then in addition to tracking all transactions, the government would also be able to:

Enforce a transaction tax on every person-to-person payment

Eliminate the storage of cash as a means to escape nominal negative interest rates, which are used to fight deflation by discouraging savings (most effective if combined with bans on barter, private currencies like bitcoin, and storage of precious metals like gold). Certain types of money could be set to "expire" and be worthless if not spent in specific ways or by specific times. This is also possible with cash, if the government allows high inflation or lets its currency undergo a devaluation.

Governments could conduct more effective mass surveillance and quickly prevent certain individuals from buying anything or earning any money

Restrict the type of consumer goods that can be purchased with a certain amount of money (and parents might be able to do the same with allowance money)

Banking transaction tax is a dangerous idea

www.dnaindia.com

The Cashless Society Is a Creepy Fantasy

Giving up cash is sacrificing freedom. That's a high price to pay for something that wouldn't work.

www.bloomberg.com

https://www.fastcompany.com/3056736/what-happens-when-we-become-a-cashless-society

Tracking all transactions? What do you have to hide. I'm sure the government is interested in when you go to the supermarket.

Transactions tax? Haha, we had that decades ago, short memory you have. It was called FID Financial Institutions Duty on every deposit and BADT Bank Account Debits Tax on all cheque accounts and the withdrawals from them. So it was done in the 1980's, well before digital banking had caught on.

Storage of cash? Yeah, stop people from hiding money from Centrelink to gain more benefits. We all pay tax and it seems some like paying more to offset the ones who get more benefits than they should.

The government could stop you buying certain things? Hahahaha......and why would a government want that? Governments thrive on a strong economy, stopping purchases would slow the economy.

You must live in some paranoid fantasy world, thinking the government is out to get everyone. You clearly have no idea how good things are here in Australia. You have a look at the US, look at their health care system, their social benefits, nothing like here.

​

 

[Greg350]

I bet you would scream blue murder if mortgage rates went up by 0.8%, presuming you have a mortgage.

You're comparing 0.8% of maybe $500,000 dollars to $10 for morning tea?
$4,000 compared to 8 cents???

Hahahahahaha, yeah okay, good call, lol. What a moronic thing to say. And no I do not have a mortgage.

 

[Luckyus]

You will own nothing and be happy?

 

[Veggiepatch]

You're comparing 0.8% of maybe $500,000 dollars to $10 for morning tea?
$4,000 compared to 8 cents???

Hahahahahaha, yeah okay, good call, lol. What a moronic thing to say. And no I do not have a mortgage.

So you rent??

Or live under a bridge....

Storage of cash? Yeah, stop people from hiding money from Centrelink to gain more benefits. We all pay tax and it seems some like paying more to offset the ones who get more benefits than they should.

Tell me why, a huge entity such as Amazon Commercial Services Pty Ltd, pays only 0.8% tax on its $3.12 billion of income generated in Australia, while workers pay up to 45 cents in the dollar in income tax.

AGL Energy Limited paid ZERO tax on its $12.8 billion income for the year 2023-24!

According to the Australian Institute of Criminology, Centrelink fraud costs a mere $9 million a year. Stack that up against the WORST corporate tax evaders.

Unfortunately, you are barking up the wrong tree in the wrong forest.

 

[Greg350]

So you rent??

Or live under a bridge....

Tell me why, a huge entity such as Amazon Commercial Services Pty Ltd, pays only 0.8% tax on its $3.12 billion of income generated in Australia, while workers pay up to 45 cents in the dollar in income tax.

AGL Energy Limited paid ZERO tax on its $12.8 billion income for the year 2023-24!

According to the Australian Institute of Criminology, Centrelink fraud costs a mere $9 million a year. Stack that up against the WORST corporate tax evaders.

Unfortunately, you are barking up the wrong tree in the wrong forest.

What the hell are you on about? This article is about cashless Post Offices and start ranting about the tax companies pay? I have no idea what companies pay, seems you must have ATO insiders, just because you read something does not mean it's true, but you blindly believe it anyway.

Centrelink fraud is only 9 million????? Hahahahahahaha. Again reading crap.

And I own my home, what's so unusual about that.

 

[Viellarde]

A new medicare card is normally posted to you automatically so I don't know why you'd have to apply for it, unless your details have changed etc.

I recently noticed that my Medicare card expired last year. The employee at Medicare could not explain why I didn't receive a new card, address unchanged for decades. Of course it was a rhetorical question; not part of his duties. I worked in Age Care (Admin) almost 20 yrs ago. It was common for me to request cards not automatically renewed, even for those whose new address had already been acknowledged by Medicare. I asked if they were presumed deceased at a particular age.
So, please know the expiry date of your Medicare card.

 

[BruceC]

The government has no intention of implementing this law.
It was announced at the beginning of this year to lull all the people into falsely believing they are not intending to have a cashless society.
The government fully intend to have a cashless society within the next 5 years (source - family contact within the ATO).
By introducing a “Card or digital payment system” they have complete knowledge of every $ you spend, when you spend it & where you spend it.
No more cheap tradie jobs for cash, no more pocket money for kids etc etc etc.
I will be more than happy for all you critics with your heads buried in the sand to came back on January 1st 2026 and tell me I am wrong!
If they truly wanted to implement this law they could have done it 8 months ago.
It doesn’t take 12 months to implement a law..

 

[BruceC]

Total control? Why do they want total control? And who are "they"?

You prove by your question that you are a total fool!
You know who “they” are!
”They” are the Government and the ATO..
Keep your head buried in the sand but don’t cry when it’s too late and you finally wake up!

 

[RobbyNotTheRobot]

Total control? Why do they want total control? And who are "they"?

You must of slept under a rock since the Hawke days.
I shall educated you a bit.
For you see, back then Hawke wanted to introduce what would of been called 'The Australia Card' in the name of catching tax cheats.
A lot of civil libertarians with a lot of lobbing got that idea dropped citing privacy and Government overreach.
And now here we are going all digital for 'our convenience' phhhttt, were you still sleeping under a rock when Optus had their nationwide network meltdown effecting millions not being able to do business for that day because most thought cash is so old fashioned. And a more recent Optus network meltdown that resulted in 3 people dead not able to call 000
Just those 2 examples are a side effect of losing total control.

Wake the f8ck up .

 

[Greg350]

You prove by your question that you are a total fool!
You know who “they” are!
”They” are the Government and the ATO..
Keep your head buried in the sand but don’t cry when it’s too late and you finally wake up!

"family contact within the ATO" Hahahahahahaha.....so a rumour, started by someone and it's spreading by idiots like you.

Why would a "family friend" within the ATO know about what a government MAY do in the future? Governments change all the time, the ATO are not involved in policies like that.

So many nutcases on here, paranoid about nothing. Stories like these come up regularly......for decades now, never happens, the world continues, the morons go on their way and more morons come along and sprout the saem BS again.

What a horrible life you must have, paranoid constantly about what the government is going to do..........in YOUR mind.

Like the Covid vaccine, that was going to kill us all "next year", that was five years ago, and it's always next year again, haha.

 

[Greg350]

You must of slept under a rock since the Hawke days.
I shall educated you a bit.
For you see, back then Hawke wanted to introduce what would of been called 'The Australia Card' in the name of catching tax cheats.
A lot of civil libertarians with a lot of lobbing got that idea dropped citing privacy and Government overreach.
And now here we are going all digital for 'our convenience' phhhttt, were you still sleeping under a rock when Optus had their nationwide network meltdown effecting millions not being able to do business for that day. And a more recent Optus network meltdown that resulted in 3 people dead not able to call 000
Just those 2 examples are a side effect of losing total control.

Wake the f8ck up .

What does communication companies have to do with this?

So you're one of the tax cheats, that's what you have a problem with. No more cash jobs for you, no avoiding paying GST.

 

[7777]

Total control? Why do they want total control? And who are "they"?

Dear member Greg350, thankyou for your post. I ask the same question. Could it be that when the government knows what you are buying, they can increase and decrease the production of the commodity in demand. The controllers then have the ability to manipulate the customers by increasing the price of a service or item that is in demand, and thereby altering your finances. When someone knows what you like and don't like interms of foods, clothing, furniture, business dealings, that's when the big CEOs can place their own costs , through knowledge of consumer demand kevels. Also, perhaps the identity of the one who wants control, could be the never enough money, never happy, multibillions, governments, big CEOs, are who have invested shares, in products that are sold to the oblivious consumers, who are happily and conveniently conducting their transactions on line with their all mighty transaction card. Please, dear member Greg350, please if you have some time, share your thoughts further, on this issue of who could be wanting this world wide cashless control, and why. Have a beautiful evening.

 

[Phantom55]

I'm curious - do other countries have this same issue of cash vs. digital?

if australia goes cashless , what about tourists?also there will be no need for tax returns as the tax office will just look at our bank in and outs and just send us a bill...tax will just be on our spending and not our earning..cant spend if cant earn.....better start hoarding some cash now ,and remember cant draw unlimited amounts

 

[Mikeyboy2012]

Cash is your right...and their obligation....full stop!