Should card surcharges be banned? episode artwork

EPISODE · Oct 15, 2024 · 20 MIN

Should card surcharges be banned?

from The Daily Aus · host The Daily Aus

The Government wants to crack down on “unfair and excessive card surcharges” in Australia. It's announced plans to ban debit card surcharges from 2026. The RBA estimates Australian businesses pay close to $2 billion a year to card networks, but the Opposition argues the Government's plan “won’t make a difference” for Australians facing a cost of living crisis. On today’s podcast, we’ll explain how these charges currently work, why they're a problem, and what lawmakers want to do about it.Hosts: Sam Koslowski and Emma GillespieProducer: Orla MaherWant to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube ChannelHave feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here. Today’s podcast is brought to you by Frontier Pest, Australia’s #1 premium freeze-dried pet food for cats and dogs. Get 15% off with the code THEDAILY15 at frontierpets.com.au! See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.

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Should card surcharges be banned?

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This episode is 20 minutes long.

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This episode was published on October 15, 2024.

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The Government wants to crack down on “unfair and excessive card surcharges” in Australia. It's announced plans to ban debit card surcharges from 2026. The RBA estimates Australian businesses pay close to $2 billion a year to card networks, but the...

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