As far as our
dealings with other countries are concerned, Australia will be like one
very big, totally Australian-owned company, and there is no reason to
believe that we will not continue to function as well as we do now
within a highly capitalistic global environment. However, there is good
reason to believe that we will become much more competitive because by
merging into one big company, our economic power increases, which is the
reason why all companies merge.
As far as our ability to do business
within the global marketplace, while being a cashless society: we expect that most international transactions will be done
electronically, as they are now. Therefore, having no cash will not be a
problem. However, we realise that not all transfers of money can be done
this way, and therefore we have a number of options available to us. We
may....
- issue cheques,
- issue vouchers,
- produce cash specifically for use
within the global marketplace.