Economic News

Shoppers rarely see the fee that flows between banks each time a card is tapped. Merchants feel it, indirectly, through the institution that processes their card payments. That institution, known as the acquirer, is now facing a deadline set as part of the Reserve …

A Sunday brunch, a concert ticket bought online, a restaurant bill on a public holiday: plenty of Australians have noticed since October that the cardSurchargeline has gone from some receipts, yet an extra charge of another kind is still there. That is not necessarily …

When an international visitor pays for a hotel room, a ferry ticket or a meal with a card issued overseas, the AustralianBusinessstill has to pay to accept that payment. Until now, the RBA's interchange caps have been focused on domestic cards. That is set …

Pull out a phone, hold it near the terminal, wait for the beep. For a growing number of Australians, that is now what paying by card looks like. Ellis Connolly, Head of Payments Policy at the Reserve Bank of Australia, told the Australian Finance …

A month into the new rules, most Australians paying by card will have noticed fewer extra charges at the register. But changes of this kind rarely land perfectly everywhere at once. Some businesses may still be updating systems, some fees may look like surcharges …

For most of 2026, the headlines on the RBA's payments work have been about one change: the removal of card surcharges. Behind that, a calendar has been ticking. Some dates have already passed, some are weeks away, and the next phase of policy is …

Superannuation is the part of the financial system most Australians own a piece of, whether or not they ever check their balance. So when the Reserve Bank of Australia's Assistant Governor (Financial System) speaks about how super funds might cope with a market shock, …