@natlenno: ‼️💵Credit Card surcharges end 1 October. It is being sold as a win for consumers, and everyone is patting themselves on the back for saving shoppers $1.6 billion but hidden in the small print is that the business owners are footing the bill if they don’t increase prices or stop taking credit cards for payment.

Not just an Accountant
Not just an Accountant
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Region: AU
Friday 11 September 2026 21:53:19 GMT
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kgb_financial_planning
KGB ✅️ :
absolutely right, small business are the ones affected, banks charging over the counter fees for cash! what's the situation more cash circulation
2026-09-11 22:42:06
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taschatt69
Toni A :
Why don’t the banks reduce the credit cards fees
2026-09-11 22:17:24
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mumma81
Kylie Rayner :
ive taken that option off my xero now and its either cash or direct debit only. as a small business owner with autism, my brain just can't comprehend co.ing up with anything else lol
2026-09-13 23:44:20
1
lolliepoppn
lolliepoppn :
Yes. I’ve removed cards from my business since the decision. I blamed the govt 🥰
2026-09-11 22:35:19
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sar_brereton
sar_brereton :
the price of everything will go up for everyone. banks are increasing annual fees & reducing rewards. the consumer loses, small business loses and the banks win - and inflation goes up. good job RBA.
2026-09-27 05:31:36
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