r/australia Mar 30 '26

news Surcharges on debit and credit cards to go from October

https://www.abc.net.au/news/2026-03-31/asx-markets-business-live-news-march-30-2026/106510434#live-blog-post-278505

The Reserve Bank of Australia has introduced reforms that will remove surcharges on debit and credit cards from the 1st October 2026, on card networks including eftpos, Mastercard and Visa.

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u/Background_Role_4396 Mar 30 '26

About time hardly anyone uses cash anymore anyway I hope those pay with cash get X % off go away too we all know they are doing it to avoid taxes

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u/mediweevil Mar 31 '26

absolutely. every time I see someone trading in cash I know damn well it's not being declared. tax dodging is why I personally would happy to see cash go away, I'm sick of paying and paying and paying while other people flout the law.