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Limiting cash payments to $10,000 is more dangerous than you might think

  • Written by Mark McGovern, Visiting Fellow, QUT Business School, Economics and Finance, Queensland University of Technology
imageCash payments of more than $10,000 would become illegal in most circumstances and the government could remove exemptions at will.Shutterstock

We are used to being able to pay for things with legal tender.

Other than in special circumstances, refusing to accept cash can have legal consequences.

The Currency (Restrictions on the Use of Cash) Bill 2019 a...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...

Is your search bar your competitor’s best salesperson?

A few weeks ago, I was watching the Super Bowl. Traditionally, those halftime ad spots are reserved for the world’s biggest, most established bran...

AIIMS Group and AdVisible merge

Two of Australia’s most established independent agencies unite, creating marketing powerhouse backed by three decades of combined experience     ...

Block's layoffs are a design win. Here's why

We spend millions designing features that save users 30 seconds. Block just saved thousands of employees 40 hours a week. That's not a crisis. That's...