When was the last time you had $100 bill in your wallet? Probably too long ago to remember.
Well, the highly valued green note could soon be a thing of the past with the Australian Government considering whether to follow moves made by India and Venezuela to get rid of high-value notes.
Speaking on ABC radio yesterday, Revenue and Financial Services Minister Kelly O’Dwyer flagged that a review of the $100 note and cash payments over certain limits. This could assist the Government to recoup billions in unpaid tax.
Would anyone really notice if it was no longer there?
Read more at News.com.au
