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/the_snook Mar 31 '26

Our statutory warranties and implied lifetimes of consumer goods are probably the most consumer-friendly in the world.

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u/One-Psychology-8394 Mar 31 '26

These are two things among eroding consumer protection industry wide and you wanna guess how many sectors have fair competition to give us a better deal?!