Paying more than $10,000 in cash could turn ‘mums and dads’ into criminals

Australians could face up to two years in jail and be fined $25,000 for completing cash transactions in excess of $10,000, under a proposed new law. The proposal to criminalise large cash transactions has been put forward in an attempt to crack down on the black economy and tax avoidance. But the head of External … Continue reading Paying more than $10,000 in cash could turn ‘mums and dads’ into criminals