Cash Bandits 2 Australia
Featured Games
- Fair Go Casino is an Aussie-friendly online and mobile casino. The casino has a great looking landing page and a good selection of games to play, and loads of fabulous promotions to play them with, all in a secure and fair gaming environment.
- Cash Bandits 2 is a 5-reel, 25-payline bonus video slot. There are two jackpots in this game: A Major and a Minor. The coin sizes range from 25 cents to $6.25, which is the max bet per spin. The jackpot is 5000 coins.
Plentiful Treasure
Asian
Diamond Fiesta
Cartoons
Cash Bandits 3
Action / Adventure
Mardi Gras Magic
Online Slots
Recently Released
Crack the vault and break the bank to win up to 190 free spins in Realtime Gaming's new 25-line, 5-reel video bonus slot, Cash Bandits 2. The long-awaited sequel to the original Cash Bandits slot game features new grouped wilds, fabulous graphics, and an upgraded free games bonus round with the potential for humongous wins up to 50,000 times your line bet. Australia-casino.org players receive an exclusive welcome bonus of 300% up to $3000 + 100 free spins on Cash Bandits 2. The minimum deposit amount is $20.
- NEW
Paddy's Lucky Forest
Online Slots
- NEW
Mardi Gras Magic
Online Slots
Football Fortunes
Sports
IC Wins
Action / Adventure
Promotions
đ This 250% Candy-Coated Bonus is YOURS
It comes with 50 FREE Spins to unlock the Morphing Symbols on Sweet 16 for MEGA wins $50
SWEETWINSđ¨ $30 Deal - Boost your Balance by 370%
Turn your $30 deposit into a $141 balance on all your favorite slots - for 4 hours only!
LUNCH370
Jackpots Games
Fire Dragon
Action / Adventure
Fantasy Mission Force
TV / Movies
Eagle Shadow Fist
TV / Movies
Plentiful Treasure
Asian
With the Reserve Bank of Australia likely to cut interest rates in 2019, quantitative easing could relieve financial pressure....
With the Reserve Bank of Australia likely to cut interest rates in 2019, quantitative easing could relieve financial pressure.
This new law would put an end to cash payments over $10,000.Source:istock
People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being put to the Australian Parliament.
An exposure draft of the legislation, called the Currency (Restrictions on the Use of Cash) Bill 2019, was quietly introduced by Treasurer Josh Frydenberg last month.
Under the proposed law, all cash transactions between businesses and individuals would be limited to $10,000, and any amount over this would be considered criminal.
The proposed changes were first announced in the 2018-19 budget.
The Federal Governmentâs Black Economy Taskforce recommended the changes in its final report, claiming the measure would help reduce crimes like money laundering and tax evasion.
âThis ensures that entities cannot make large payments in cash so as to avoid creating records of the payment and facilitating their participation in the black economy and undertaking related illicit activities,â the draft bill reads.
Anyone who goes over the $10,000 cash limit could be put in jail.Source:Supplied
If passed, the law would come into effect on January 1, 2020 and would apply to all cash payments made to businesses with an ABN.
The penalties, jail time and fine would apply to both the individual and the business part of the transaction.
There are a couple of exemptions to the cash ban.
The $10,000 cash limit would not apply to individual-to-individual transactions, such as the private sale of a second-hand car.
The limit also wouldnât apply when depositing or withdrawing money from a bank.
However, not everyone is in support of the proposed law, with many groups claiming it would just give the banks even more control over peopleâs money.
One Nation has already spoken out against the bill, with Senator Pauline Hanson saying the Government is trying to âmanipulateâ everyday Australians.
âEffectively, if you are a person who keeps cash and uses it to buy a new small car, for example, you will face the real threat of two years in jail and a fine that would likely exceed the value of the vehicle,â Ms Hanson wrote on Facebook.
Pauline Hansonâs One Nation party has said they will oppose the bill. Picture: Kym SmithSource:News Corp Australia
âThe Government claims the legislation is to combat the âBlack Economyâ, but the truth is, itâs legislation the Government hopes will stimulate the Australian economy.â
She branded the bill a âsocial experimentâ that would try and use Australiansâ money to correct the market.
âFlushing âMattress Moneyâ out of the shadows and back into bank accounts will leave deposits vulnerable to negative interest rates, prompting those with savings to spend the cash on investments or consumption items,â she said.
One Nation Senator Malcolm Roberts backed up this stance, saying cash is âlegal tenderâ and Australians should be allowed to use it as they please.
In a submission to the draft bill, major accounting body CPA Australia called for the legislation to be withdrawn.
Head of CPA Australia, Dr Gary Pflugrath, agreed there needed to be a crackdown on the black economy but said linking criminal activity to all large cash transactions was âa step too farâ.
Bandits Cash And Carry
There are concerns the legislation will just give more power to the major banks. Picture: AAPSource:AAP
âThis legislation is attempting to deal with a symptom, not the cause, of the black economy. While the use of cash in a large transaction may be an indicator of risk, it does not prove by itself that the behaviour is criminal,â Dr Pflugrath said.
âThe presumption that only tax evaders, money launderers and criminals use cash, and the mindset that these new offences are required to address criminality, has resulted in a proposed bill and instrument that run counter to well-established criminal law principles and have the potential to affect many Australians.
âThe focus on criminalising certain cash transactions is an extreme response to the problem of avoiding scrutiny.â
The Australian Chamber of Commerce and Industry (ACCI) has also come out against the ban on cash, saying it will do âlittle to nothingâ to fight black market activity.
Cash Bandits 2 Australia
âCash is legal tender and its value must be protected, not undermined,â ACCI said in a 2018 submission to Treasury.