Skip to main content

$100 notes: the heart of the black economy? - MacroBusiness

xxx

That said, there does still seem to be a lot of cash used for potentially dodgy purposes (e.g. drug deals or tax evasion purposes). While the RBA doesn’t have any direct data, its damaged banknote facility has uncovered multiple examples of huge cash piles in excess of $20,000.

From $100 notes: the heart of the black economy? - MacroBusiness

xxx

Comments