Australian Politics Forum - Yes We Want To Pay For It With Cash

Daves2017

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Re: Yes We Want To Pay For It With Cash
Reply #15 - Dec 28^th, 2024 at 12:30pm

It’s one of the better effort Albo government has made.

While there are significant cost savings to businesses in going cash free the banks don’t give them eftpos machines for free either.
While a majority seem to profit from transaction chargers the banks are taking the lion’s share for what?
Allowing you to spend your money?

doesn’t concern me, I often see a sign saying this business doesn’t except cash and I will happily walk past it to one that does.

It’s a choice . For now anyway.

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Don’t vote for any of them. They just want your money!

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buzzanddidj

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Re: Yes We Want To Pay For It With Cash
Reply #16 - Dec 29^th, 2024 at 3:20pm

Leroy wrote on Dec 27^th, 2024 at 8:26am:

I use cash all the time,
I get good deals from tardies when I suggest cash.

No WONDER
It's income he doesn't have to declare to the ATO
Paid for by your OWN undeclared income.
It's a win-win situation

If you rule out every mug that's NOT breaking the law - and paying MORE than his share to the ATO, to cover the CRIMINALLY shortfall of ATO receipts you've created.

.

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'I like your Christ, I do not like your Christians.
Your Christians are so unlike your Christ.'

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Leroy

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Re: Yes We Want To Pay For It With Cash
Reply #17 - Dec 29^th, 2024 at 4:34pm

buzzanddidj wrote on Dec 29^th, 2024 at 3:20pm:

Leroy wrote on Dec 27^th, 2024 at 8:26am:

I use cash all the time,
I get good deals from tardies when I suggest cash.

No WONDER
It's income he doesn't have to declare to the ATO
Paid for by your OWN undeclared income.
It's a win-win situation

If you rule out every mug that's NOT breaking the law - and paying MORE than his share to the ATO, to cover the CRIMINALLY shortfall of ATO receipts you've created.

.

It also saves him from having to pay an accountant to exploit tax loopholes that enable the rich to get richer. Do I give a bugger, hell no.

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Every day you wake up is a good day, make the most of it.

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Daves2017 Gold Member Offline Australian Politics Posts: 1122 Gender:	Re: Yes We Want To Pay For It With Cash Reply #18 - Dec 29^th, 2024 at 4:45pm https://www.abc.net.au/news/2024-12-28/is-there-still-a-need-for-cash/104623926 I’m unfazed. I’m thinking how much money I will save if I can’t pay cash! Hurts business more than I ?
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Jasin

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Re: Yes We Want To Pay For It With Cash
Reply #19 - Dec 29^th, 2024 at 5:02pm

They've done over 10,000+ tests of people given cash and people given tap&go.
People with tap & go spent by a long shot over people with cash.
The trick they say is people with cash were reluctant to hand over cash and often changed their minds.
While people with tap &go never saw themselves handing something over: the card remained with them, even if it was devaluing with each tap.
People with cash saved more and could physically see the process of exchange.
Retail businesses don't want that. They want spenders, not savers.
Other tests involved large amounts of money. People with cash spent far far less, with a reluctance to carry that much around. But with $20,000 on a simple card, nearly ever tap & go person spent it all on big purchases.

That's why they want a cashless system. To make people spend, not save.

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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Leroy

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Re: Yes We Want To Pay For It With Cash
Reply #20 - Dec 29^th, 2024 at 5:13pm

Jasin wrote on Dec 29^th, 2024 at 5:02pm:

They've done over 10,000+ tests of people given cash and people given tap&go.
People with tap & go spent by a long shot over people with cash.
The trick they say is people with cash were reluctant to hand over cash and often changed their minds.
While people with tap &go never saw themselves handing something over: the card remained with them, even if it was devaluing with each tap.
People with cash saved more and could physically see the process of exchange.
Retail businesses don't want that. They want spenders, not savers.
Other tests involved large amounts of money. People with cash spent far far less, with a reluctance to carry that much around. But with $20,000 on a simple card, nearly ever tap & go person spent it all on big purchases.

That's why they want a cashless system. To make people spend, not save.

My youngest son (33) was contacted by his bank with an offer for a loan. He told them he didn't want a loan but they said he does not have a credit rating and it would be in his best interests to get a loan and establish a credit rating.

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Every day you wake up is a good day, make the most of it.

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Daves2017

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Re: Yes We Want To Pay For It With Cash
Reply #21 - Jan 2^nd, 2025 at 12:17pm

“ Millions of coins sit in wallets, banks, cash register tills, back pockets and underneath sofa cushions – and they face an unknown fate.”
“ smh

So they are going too go about removing cash via stealth.
Basically the plan will be via a media campaign to convince us how annoying and useless coins are then when they have that up and running they will start on the notes.

The result they want is at a push of a button see exactly how much “tokens “you have and how it got there and who you share it with.

Doesn’t matter who you vote for it’s going too happen.

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Don’t vote for any of them. They just want your money!

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