Business Services Industry

Banking on the ATO.

Australasian Business Intelligence, November, 2008

Byline: Nicholas Gruen

Nov 03, 2008 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Government should make it easier for each person in Australia to feel financially safe. Each Australian has an Australian Taxation Office (ATO) account. The Australian Government should bring in software allowing each person to pay anyone with the money in the ATO account. This would be a simple and cheap payments system that would be safe forever. More sophisticated investors could take risks with their money, if they ...

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