Small businesses in Australia are under the gun, facing the recent power price hikes, with the costs of electricity and gas on the rise; electricity for example going up to 29 percent. And now, to make matters even worse, is the elimination of cash and a Central Bank Digital Currency (CBDC) for Australia, something the government and banksters are proceeding with without democratic consultation, the standard thing now for globalist measures.
As noted by George Christensen at Nation First, there are many reasons why CBDC will favour big business over small, especially on-line giants like Amaozon.com. If one’s currency is on-line, then just as in the lockdowns, people may go the next step and simply purchase online for most things. Small business relies more on face-to-face customer service for small transactions, and cash is convenient for that.