Ban on excessive payment surcharging

The Competition and Consumer Amendment (Payment Surcharges) Act 2016 commenced on 25 February 2016.  The Act insert a new...

The Competition and Consumer Amendment (Payment Surcharges) Act 2016 commenced on 25 February 2016.  The Act insert a new section into the Competition and Consumer Act 2010 (CCA) which bans excessive payment surcharges. The introduction of this ban now prohibits excessive surcharges relating to payments covered by a Reserve Bank...

Read More

Message from the CEO: 23rd October 2015

On Monday this week the Federal Government released its response to the Financial System Inquiry.  Of most interest for...

On Monday this week the Federal Government released its response to the Financial System Inquiry.  Of most interest for retailers was a commitment to prohibit merchants from levying credit card surcharges “that are greater than the cost to them of accepting payment by card”. A delegation from the NRA met...

Read More