Ordinary hard-working Australians could be forced to prop up the economy with their own money when it dives into a post coronavirus recession, if the Government passes a new bill called the “Currency restrictions on the use of cash bill 2019”, which aims to ban the use of cash for transactions over $10k. 2 years jail and up to $25,200 in fines is the punishment.

Now you might say, well that doesn’t affect me, but listen very carefully, because if this bill is passed, you will be affected.

Be very aware this has already passed the House of Representatives and could get through Parliament any week now, so we must act quickly.

The Government claims it’s to stop the black economy and tax evasion, but its implications for everyday quiet hard-working Australians could be dire. 

What is questionable is why there has been little to no reporting on this in the mainstream media. It’s been kept very quiet and we should be concerned why our leaders don’t want us to know about it. Either they haven’t considered the long-term effects, or it’s part of an Orwellian plan to control us by restricting the circulation of cash. 

The International Monetary Fund has been instructing the world on how to make negative interest rates work and saying central banks should go to -4% for economies in recession. If this occurs it means YOU BEGIN TO PAY THE BANKS FOR THEM HOLDING YOUR MONEY. And what has been happening with interest rates recently? We are almost at 0%, so it's coming and real soon.

And in conjunction with this new legislation our leaders want to quietly pass without us knowing, which makes cash transactions above $10k illegal and punishable by 2 years jail, forces us to either spend all our cash, or pay the banks for storing it. Either way, US ORDINARY AUSTRALIANS ARE PAYING TO KEEP THE ECONOMY AFLOAT. Here is how.

As at 28th February 2020, bank deposits in Australia are $2.1 Trillion. If negative interest rates occur, and we can see they are almost there, then -4% (which is what the IMF is recommending) on $2.1 Trillion equates to $84 Billion of our personal money. Paid directly to the banks.

Once the bill is introduced and passed, they will have the flexibility to dictate many more amendments to the law, such as lowering the cash payment value.

Please take a moment to sign this petition and share with your friends, family, colleges and local members of Parliament. And act fast, before it’s too late.