Cash payments over $10,000 to be banned as government targets $50 billion ‘black economy’
Translation: The Royal Commission has royally fucked everyone's confidence in the banking industry. To avoid a bank run, How can we make it illegal to not use bank products when making significant purchases? Ban the first hedge people turn to during an economic crisis.
Oh, and because we don't have the manpower to enforce this, we will set up a hotline where citizens can nark on eachother. The incentive will be increased "Social Credit Score" for being such a well-behaved citizen.