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Rick Morton

Mining magnate ‘in control’ of cashless debit card rollout

Mining billionaire Andrew “Twiggy” Forrest has revealed himself as being ‘de facto’ in charge of the federal government’s cashless debit card policy, with his foundation telling a senate committee that a national working group to support a countrywide rollout was established at its request.

The existence of the CDC Technology Working Group has been known since March — it includes major banks ANZ, CBA, NAB and Westpac as well as Australia Post, Coles, Metcash and Woolworths — but in a submission to a a parliamentary review, Forrest’s Minderoo Foundation offshoot Generation One confirms it originated with them.

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