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Could this be the end of the $100 note.


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http://www.theage.com.au/federal-politics/political-news/future-of-the-100-note-up-for-grabs-as-government-targets-undeclared-cash-payments-20161213-gtakk5.html

 

The Turnbull government is to consider a ban on the $100 note and a crackdown on all but small cash payments as part of an assault on the cash economy to be unveiled in Monday's mid-year budget update.

 

 

They where saying on the raido this morning that there is about 3 billion in $100 notes out there at last audit they could only account for 1 out of 3 that it out there.

 

Looks like there is a few stuffed mattress out there lol

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I used to work in a (legal) industry where it was/had to be all CASH.

(large sums)

I cannot imagine that job now counting $50K+ in smaller notes. Yikes.

(once I had to count half a million in cash- boss too stingy for a counting machine).

 

On a side note, before plastic notes, a client had a fire, he had $200K in (paper) $100 bills in a safe.

The safe survived but the cash burnt inside from the heat.

 

He managed to get back from insurance as he could test the ashes, and weight and prove the amount of money (!) pretty impressive.

 

saw a thing on TV the other day about bit coin money dealers, interesting.

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The other 2 billion is in the Cayman islands in fucking Turdbulls account. He is the biggest crim in Australia. They are a fucked up government this rag tag mob of inept useless greedy self serving pricks. 

 

Spot on brick!  The sad thing is that most people with an opinion base their views on what the Murdoch press tells them.    Sad bastards.

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