The Currency (Restrictions on the Use of Cash) Bill 2019 passed the House of Representatives last year, but was referred to a Senate inquiry for further debate.
Read more at the ABC.Â
Plan to ban cash purchases over $10,000 set to become law as Senate inquiry gives thumbs up
A Senate inquiry has backed a controversial bill to ban cash payments of $10,000 and impose two-year jail sentences on people using cash for purchases above that limit, meaning it will soon become law.
