it isn't too late to apply pressure either, you can still phone or write lawmakers if that's your thing.
an interesting development recently was the RBA announcing that they were investigating some of the more radical monetary/fiscal measures used in other advanced economies. what this could mean, um, NIRP or QE or both. it could also mean further attacks on cash. cash impedes NIRPs effectiveness.
we have the trade war going on, which i've begun to realise truly is necessary to curb china's unfair behaviour and sinister aspirations (world hegemony by 2049), and australia seems to be on board.... china is losing too, and an election upset in usa probably won't end the trade war anymore. it's a lot of stress though in such shaky times.
it may have seemed like i was crying wolf in the past, but nay. australia is routinely identified as one of the most fragile and indebted countries globally. we continue to benefit from chinese capital outflow (well in terms of GDP, i don't know if perennial renters can say the same, or anyone that blew too much on a crumbling sydney unit or any dwelling of shrinking value), and china is really a focus of mine at the moment. it's a case of who will collapse first, but it will be a domino effect regardless.
we already have bail-in legislation (and it's worth connecting the dots here; being shoe-horned into the banking system while grabbling your savings is their government-approved emergency lifeline). what you need to understand in layman's terms is that the IMF, through bodies such as APRA, has governments put measures in place so that your wealth can be used to prop up a doomed system, whether it's saving the banks through a direct grabble-attack (extreme but happened in cyprus already) or via the usual shennanigans inflating away debt and fueling deficits and frankly turning what is natural and sensible onto its head to the detriment of purchasing power and confidence. banning cash transactions is a part of this. the aussie cash rate will likely hit zero in a year or whatever. what comes AFTER zero will be bizarro world, which isn't new across the seas but australia hasn't gone bizarro yet.
edit: found this political cartoon, can't upload it (26mb) has to be downloaded. it's high res intended for postering.
https://www.dropbox.com/s/7kuwufwvy6uqvfj/Soviet_Liberal_4.jpg?dl=0
and i see @Sallubrious was already posting videos from walk the world. good stuff!!!!!