3
Mar 2020

Katter urges Senators to use some 'common cents' when voting on Cash Ban Bill

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KENNEDY MP, Bob Katter said ‘big brother’ was getting more and more powerful after a Senate inquiry recommended a Bill banning cash payments over $10,000.

“This would be absolutely disastrous for the Senate to pass this at a time when people are trying desperately to get their money out of the banks and financial institutions,” said Mr Katter.

“If this passes and you want to get your money out of the banks you simply won’t be able to.”

Mr Katter said the Bill would have dire implications for small businesses during natural disasters when people are unable to use Eftpos due to power and internet outages.

“If you are running even a very small business, $10,000 a week is not an unreasonable figure. During Cyclone Larry Eftpos was down for more than a week,” Mr Katter said.

“It is extraordinary that the Government would consider such an intrusion and destruction of basic human rights and privacy.

“The Parliament has sold the entire nation off to foreign corporations, they’ve bankrupted agriculture and now this is the next step.

“In China there is one CCTV camera for every three people and they are now incorporating facial recognition. In Australia the only people who have guns are the people in uniforms.

“In the famous novels A Brave New World and 1984 they had two way cameras in every household. Well, now we aren’t too far off from that.”

Queensland Katter MP, Nick Dametto said the limit on cash payments would be another assault on Australians’ freedom to be able to conduct legitimate business in a manner of their own choosing.\

“This has been sold to us as a way for the Federal Government to control tax evasion but in reality all it does is give way to more control from the major banking corporations,” said the Member for Hinchinbrook.

“Australian currency is owned by the people, not the banks, and it should not be up to the Federal Government to decide how you spend it.”

Contact Details

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P: (07) 4061 6066
F: (07) 4061 6566
Visit: Cnr Edith and Owen St
Post: PO Box 1638
Innisfail, Qld 4860

Mount Isa
P: (07) 4743 3534
F: (07) 4743 0189
Visit: 42-44 Simpson St
Post: PO Box 2130
Mount Isa, Qld 4825

Canberra
(when Parliament is sitting)
P: (02) 6277 4978
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Local Call within the electorate
P: 1300 301 942

Email: Bob.Katter.MP@aph.gov.au