AU$ 100 note to be scrapped?

AU$100 note

AU$100 note Source: AAP

The federal government is set to launch a taskforce which may look into banning the Australian $100 note, as it attempts to claw back billions of dollars in undeclared small cash payments. How note value is defined? Will paper note be replaced by online payment? Mandarin Producer Alan Qu speaks to Lecturer Quan Gan from University of Sydney.



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