Current regulations are stopping Coles, Woolworths from growing , so they in decline. Banks are being told to slow down lending to businesses and home owners too.... government regulators like the Banking regulator and ACCC are stopping employment so banks are now looking are reducing more staff to be replaced by engineeers to develope smarter banking Apps which need less staff again in the coming cashless society. The cashless society will help generate more tax revenue just as Uber has done for the states because all gst and gross revenues are recorded and yet the states have compensated the tax avoiding cash businesses who avoided gst and income taxes and still do mind you.
Govt should remove cash from all centrelink recipients so they spend their money where it can be traced and taxed more efficiently...
