14.6K
REThe Reserve Bank of Australia (RBA) has released the Conclusions Paper for the Review of Merchant Card Payment Costs and Surcharging.
Read the full report on our website.
@reservebankau
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#Rba
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7NPaying with a credit card or a debit card will be free of surcharges from October 1. Card surcharges will be banned to simplify the card payment framework and offer cost-of-living relief to Australians.
The Payments System Board (PSB) found that “the surcharging framework, introduced more than two decades ago, is no longer achieving its intended purpose of steering consumers towards making more efficient payment choices,” the Reserve Bank of Australia (RBA) said on Tuesday. #surcharge #RBA #finance #economy #auspol
@7newsaustralia
3.5K
JEFrom October 1, paying with cards will FINALLY be without surcharge.
After 18 months of pushing, the RBA is banning digital payment surcharges across Visa, Mastercard and EFTPOS – saving consumers $1.6 billion a year.
Further, interchange caps will save businesses $910m a year.
It’s a win for fairness, a win for transparency, and a win for everyone who's been ripped off at the checkout for too long.
More to do, but this is a great step.
@jeromelaxale
260.4K
9NThe RBA has announced credit and debit card surcharges will be banned, but is it all good news for Aussie consumers? #9News
@9news
964
RO✨ Our latest RBA Weekly Review is now live!
This week includes a fun challenge for our families — can you beat your children in the RE House Competition quiz? Put your knowledge to the test and see how many you can get right!
We’re also celebrating a fantastic Year 9 Immersion Day, an impressive comeback win for our Year 11 boys’ football team, and plenty more brilliant moments across the school.
📩 Read the full newsletter here: https://www.robertbarclayacademy.co.uk/388/weekly-newsletters
@robertbarclayacademy
844.1K
CHBeen pumping it up
#interestrates #rba #economy #finance
@chriskohlernews
103.1K
EAthe mayor of value town here to give you the latest and greatest news.
restaurants may be charging FUEL SURCHARGES?!
FREE public transport in Melbourne for the month of April?!
The RBA has BANNED card surcharges from October?
my take though? nobody truly wins here l but lmk what you think lol
EAT WITH KEVIN DISCLAIMER
✅ just paid $130 for a full tank of diesel in my wife’s VW polo lol
#melbourne #melb
@eatwithkevin_
18.6K
TOHow does today's RBA announcement affect Your Real Estate Market?
🔮Forecast with Louis Christopher @sqmresearch
Louis Christopher is regarded as one of Australia's most respected, impartial, and accurate research property analysts.
✅ Real estate trends and predictions for 2024
✅ How today's RBA announcement affects listing and selling in your marketplace
✅ Conversations you should be having right now with vendors and buyers
✅ How technology empowers agents to create transparency
Link in bio to register and get the recording
#realestatemarket #propertymarket
@tom_panos
1.2K
REThe RBA has made it's decision. So what does this mean for commercial property?
@realcommercial.com.au
23.2K
BRRBA says $80 billion housing splurge has failed.
@braggsenator
52.6K
MAMy thoughts on RBA’s hold today.
@mark_bouris
268.0K
7NThe Big Four banks are anticipating an interest rate rise when the RBA meets today, as they look to crack down on inflation and rising oil prices. #rba #interestrate #mortgage #oil #middleeast
@7newsaustralia
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