Proposed laws which could land Australians in jail for using more than $10,000 in cash to pay for goods and services are facing a backlash, but are likely to pass parliament.
In the 2018-19 federal budget, the Morrison government announced it would introduce a cash payment limit of $10,000 made or accepted by businesses for goods and services.
Transactions equal to, or in excess of this amount would need to be made using electronic payment or cheque.
