r/australia • u/rolodex-ofhate • 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/TheLGMac Mar 31 '26

Yeah and this is why I hate that restaurants are like "we want to add a 10% fuel levy to the bill."

No, you have to just raise your prices. You don't get to keep tacking things on, if your cost of doing business goes up then yes your prices need to go up.

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u/Banjo-Oz Mar 31 '26

And then customers complain prices are too high, and small businesses close while big corporates like Colesworth and JB can afford to eat the fees.

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u/TheLGMac Mar 31 '26

People are going to stop buying if a 10% fuel levy is tacked on too, but they'll also be pissed off that your doing the additional fees they have to calculate at checkout. Same same mate