7NEWS Australia
Region: AU
Sunday 27 September 2026 09:30:02 GMT
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Simone Louise :
They are just going to increase their prices to account for this. So we aren't really saving anything.
2026-09-27 09:35:59
3189
KN1149 :
Prices will go up slightly to cover this I bet
2026-09-27 10:05:31
1839
OneVoltTen :
Since businesses will just increase prices, won't this make paying by cash cost more than what it was?
2026-09-27 12:36:38
5
⋆˚꩜｡⋆ :
does this include afterpay? this hairsalon im going to is charging $50 more cus i want to use afterpay 😭
2026-09-27 09:32:59
172
milan200204 :
scrap public holiday surcharges also
2026-09-27 14:19:47
1
Aussie Bugsy :
Banks are the ones who should be absorbing these fees, which are automated anyway. It just allows the banks to make even more profits!
2026-09-27 09:47:51
481
bigpittbull :
now prices will go up. so what's the point
2026-09-27 10:35:18
3
ThePumpkinRabbit :
Every shops are gonna up there price now
2026-09-27 11:05:34
148
Ihateeveryonehere :
Solving one problem just counteract it with another. Just watch and see.
2026-09-27 10:32:57
3
Daniel Gardener :
Not banned, just passed onto the businesses. The banks are still charging it, and it literally just gets passed on through another means
2026-09-27 09:58:54
129
izobelannmaree :
I work in retail and we have surcharges. The amount of people talking to me like I stole their first born because there’s a surcharge. I’M JUST DOING MY JOB ITS NOT MY FAULT.
2026-09-27 12:11:41
41
Shane Michael Foley :
They are just going to incorporate into their normal prices thus costing us more unless the banks remove it from the businesses too
2026-09-27 10:10:56
2
Dee 🖤💛❤️ :
Cash is king
2026-09-27 10:19:31
0
XAO73 :
Doubt it, the small business will up their prices
2026-09-27 10:05:53
9
kingbreww :
Not banned, banks can still charge them, businesses just can’t pass the cost on to customers. Banks are still unchecked cos they have bigger friends. Albo doesn’t care about small business
2026-09-27 09:47:57
46
Sunny🎶 :
How stupid it is to do that if bank gonna charge the business and business not gonna charge customers do u think business will pay from pocket lol cup of coffee will go from 4.50 to 5
2026-09-27 10:19:25
6
Thrills :
We chose a hell of a year to open a hospitality small business
2026-09-27 11:35:37
9
POV_property_Hub :
Cash cash cash everyone wins
2026-09-27 10:02:39
13
Dimitrios Marsionis :
Banks needs to stop the charges. It’s bullshit bank fees
2026-09-27 10:42:26
14
Oscar hall :
Saving $21 per year per Australia btw
2026-09-27 10:11:15
5
M Sharan :
Finally catching up to most of the world in removing the fees - it’s been proven that it only costs a less than 5 cents a transaction so the 1.5% fee they were charging was ridiculous
2026-09-27 10:01:54
9
Nane Fox :
💯 increase in prices customers won’t be saving nothing at all
2026-09-27 09:38:48
7
Ves_Bec :
Yeah now they have slugged me with a higher monthly fee so how are we saving?
2026-09-27 09:38:31
8
J1W :
This is stupid! It won’t save us! Instead why don’t banks absorb the cost instead? Businesses will just add it into the pricing of the products. So stupid!
2026-09-27 09:49:32
7
user4358087726697 :
Oh whoops, looks like prices just went up 5%. 🤷🏻♂️
2026-09-27 09:55:12
7
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