Carolyn Young: Retail NZ CEO on ACT confirming the Government's hit pause on the surcharge ban episode artwork

EPISODE · Mar 26, 2026 · 3 MIN

Carolyn Young: Retail NZ CEO on ACT confirming the Government's hit pause on the surcharge ban

from Best of Business · host Newstalk ZB

Labour may still hand a lifeline to the Government's much-touted surcharge ban.  The policy was announced with much fanfare last year - with Minister Scott Simpson promising it would be in force by May.  But he now says the bill's on pause, after David Seymour confirmed ACT won't back it.  National's now hoping for Labour's support for it to pass, with the Opposition keen to see amendments made so retailers don’t bear the costs of the payments themselves.  Retail NZ's Carolyn Young says she think's it's unlikely the banks can be forced to absorb them.  "If they can get the banks to absorb the fees, that would be a great outcome." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Mar 26, 2026

Embed this episode

NOW PLAYING

Carolyn Young: Retail NZ CEO on ACT confirming the Government's hit pause on the surcharge ban

0:00 3:27

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Best of Business?

This episode is 3 minutes long.

When was this Best of Business episode published?

This episode was published on March 26, 2026.

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Best of Business episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!