News
Card surcharge con. Big banks win, consumers pay
13+ hour, 43+ min ago (1306+ words) by Michael Sainsbury | Apr 10, 2026 | Comment & Analysis, Latest Posts The ban on card surcharges comes into effect later this year, hailed a great relief for consumers, but small business will make them pay, and big banks will win. Michael Sainsbury reports....
Surcharge fees scrapped in $1. 6b consumer victory
1+ week, 3+ day ago (370+ words) March 31, 2026 10: 13 | News Surcharge fees on debit and credit card transactions will be ditched, despite strong opposition from businesses. The Reserve Bank's review of merchant card payment costs recommended the fees be scrapped on EFTPOS, Mastercard and Visa transactions because they…...