Hoarding cash in a cashless society

Australians have been hoarding cash, particularly through the first year of Covid-19, despite forecasts that we will be a 98% cashless society by 2024. Even if this prediction from global payments giant FIS comes to pass, some 540,000 Australians will still prefer to use cash. You may recall a flurry of news stories on this topic in March. The research commented on the effect of a de facto ban on cash during the first year…

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A Special Day For Accountants – And Mike Tyson

I might not have thought about this tax topic had not a reader emailed to gently remind me that Barnaby Joyce is not a farmer, as I said last week, but an accountant. I could be forgiven for being lured in to that way of thinking by the way Barnaby portrays himself to the electorate. He loves a photo opportunity down on the farm, wearing the big hat and looking suitably weather-beaten. Barnaby does come…

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When Rome Counted its Citizens

You may not immediately deduce from the headline that we are about to embark upon a discourse about the Census, which will happen in Australia on or about ¬†August 10, 2021. I say on or about because the online version of the head count can be filled in electronically on or a few days after August 10. You just have to declare where you actually were on Census night. As you will recall, the Australian…

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Clean Jobs Plan Tackles Climate Change

Three big topics of 2021 – Covid-19, Climate Change and Job Creation, are inextricably linked to the future of the planet. The official climate report is in for 2020, with global temperatures tying with 2016 as the hottest ever recorded. Although Australians sweltered through an early November heatwave, the summer so far has not been too hard to endure.(except SA,Victoria and NSW are likely to see temperatures exceeding 40C this weekend. Ed The data cited…

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