Chapter 4Getting On or Getting By? Australians in the Cash Economy*

Valerie Braithwaite, Monika Reinhart and Jenny Job

Introduction

Economic transactions that are undertaken to escape the attention of tax and financial regulators attract interest. On the one side are those looking to emulate the latest ruse; on the other side are those whose job it is to crack down on tax evasion and crime; and in the middle are the masses who simultaneously are entertained and shocked by tales of bold, illegal financial wizardry. Unfortunately, displays of defiance involving money laundering, overseas bank accounts, and major fraud are not the subject of the analysis undertaken in this chapter. Nor are we including in our analysis the hidden economic transactions ...

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