You make a really valid point. When I saw this mention on abc24 my immediate thought was "oh yeah, they're trying to monitor where all the money is going."
I also noticed after we had the royal commission a lot of places check back statements for loans and will immediately decline a loan if the statements has payments to Afterpay. The story was on Afterpay but I assume that goes for the other "payday loan" style businesses.
RE: Australias Cash Ban : Rising Authoritarianism in the Land of Plenty