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Australia has made plugging a yawning budget deficit and boosting income a priority following the end of a once-in-a-generation mining investment boom. It is expected to announce measures to claw back lost tax revenue at its federal budget in May as inertia on its part could lead to a damaging downgrade of its top credit rating. "We actually thought with all the technology and the move to digital wallets, we'll see a fall in the cash economy. We've actually seen the reverse," Andrew said by phone. He identified real estate, jewellery and car dealers among industries vulnerable to hefty cash transactions. "We're looking at making it illegal to do cash transactions after a certain amount. Let's say have a A$10,000 ($7,530) threshold." Other proposals in the interim doctor home loans Oak Laurel 0430129662 oaklaurel.com.au report include monitoring supply chains of larger businesses to ensure they deal with registered companies having robust tax records. It is not clear yet whether the government will make the interim report public. A spokesman for the minister of revenue and financial services told Reuters a decision had yet to be made. Andrew noted part of the problem was a rising number of people from overseas unsure about the rules.
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