Australians have been charged billions in illegal merchant fees for two decades,in a major financial scandal uncovered by the Albanese government.
Australians probably paid millions of dollars in unnecessary costs last year for passports alone,as the government continues to assess the damage from illegal merchant fees.
Millions of small fees amounting to billions of dollars have been charged for two decades,dating back to the Howard government era.
Extra fees for paying on a card have annoyed consumers for years. Now there’s a compelling case for making significant changes to the surcharging regime.
It’s time to get back to a world where we don’t have to swear a blood oath to cancel a gym membership or name our firstborn after a Marvel character just to cancel a streaming subscription.
Dodgy practices aimed at parting shoppers from their money will soon be banned under a government plan to bolster consumer protections.
The government has picked debit card surcharges as the latest enemy to target in its fight to conquer the cost of living crisis. But beware the pea and thimble trick.
Consumers’ anger with debit card surcharges has been growing for months. The government says it is prepared to ban them.
Most members of Gen Z say they won’t be using cash within a decade. But is Australia ready to ditch notes and coins?
Children as young as eight are being offered a physical debt card in an effort by Westpac to improve their financial literacy.
More businesses are now placing surcharges on all card payments,while they were previously only common on credit cards.