Fighting the surcharge ban

Prime Minister Anthony Albanese has made himself abundantly clear: credit card surcharges will be banned. But what does it mean for small businesses? CEO of the new Australian Restaurant and Café Association, Wes Lambert, discusses the current inquiry into credit card surcharging and merchant fees, and how it could significantly impact businesses. In an increasingly cashless society, the association continues to lobby government to ensure small businesses aren't unfairly burdened by credit card fees, which could wipe out already slim profit margins. And Wes outlines what small business owners can do to protect their bottom line and stay compliant, amidst these changes. Business Essentials Daily is produced by: SoundCartelsoundcartel.com.au+61 3 9882 8333See omnystudio.com/listener for privacy information.