Scrapping surcharges could save Australians about $1.2 billion, but small businesses think they will have to foot the bill.

The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to...

The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to...

Businesses would be banned from applying surcharges to all credit and debit card transactions from July next year under a Reserve Bank proposal.

The Reserve Bank of Australia wants to scrap surcharge fees on card payments and cut other fees, in a move it thinks will benefit both consumers and...

The Reserve Bank of Australia wants to scrap surcharge fees on card payments and cut other fees, in a move it thinks will benefit both consumers and...

Australia's central bank wants merchants to remove surcharging on credit and debit card payments, in a move that could save consumers about A$1.2bil a...

The Reserve Bank of Australia wants to scrap surcharge fees on card payments in a move it argues will benefit consumers and business.

The Reserve Bank of Australia wants to scrap surcharge fees on card payments in a move it argues will benefit consumers and business.

According to the RBA’s analysis, these measures would save both businesses and consumers a combined $1.2 billion every year.