Free Republic

It would appear Australia is one step closer to embracing a cashless society after Macquarie Bank announced plans to scrap cash transactions across all of its branches. The fifth-largest bank in Australia revealed they will be dropping cash, cheque, and phone payment services from 2024 with payments to be conducted entirely digitally and all cash withdrawals to take place entirely at ATMs from November 2024. “Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts,” Macquarie Bank said in a statement. “Customers...

President Bush has announced that he intends to appoint an official with toll-road investor Macquarie to be the general counsel of the U.S. Department of Transportation. David James Gribbin, IV, of Virginia is currently the division director for Macquarie Holdings, a Washington, DC, company under the umbrella of the toll-road investor Macquarie Infrastructure Group of Australia. Before that private sector job, Gribbin was chief counsel of the Federal Highway Administration. Current Transportation Secretary Mary Peters also worked at FHWA at that time. Bush’s announcement may draw anti-privatization sentiment from U.S. senators during the confirmation process, according to Toll Road News,...