BANKS will give the Federal Government the private account details of 40,000 customers under an unprecedented crackdown on welfare fraud.
From July 1, Centrelink will receive the balance, interest accrual, regular payments and addresses of 41,500 suspected welfare cheats who provided government agencies with conflicting information.
Banks will provide Centrelink with the account details via a new encrypted electronic file system.
Absolutely disgusting. So much for the right to privacy.
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