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Card surcharge ban used as ‘cover’ for larger price increases by Australian businesses, experts say
The Guardian World
Tuesday 13 October 2026, 05:13 UTC
By Patrick Commins and Jonathan Barrett
1 min read
Key Points
‘Round-up’ pricing in items such as coffee suggests increases are exceeding the typical 1.5% surcharge feeFollow our Australia politics live blog for latest updatesGet our breaking news email, free app or daily news podcastBusinesses are using the recent ban on credit card surcharges as “cover” to pass along much larger price increases to customers, experts say, as cafes and restaurants struggle to cope with climbing costs and rising interest rates. Credit card surcharges, typically worth...
‘Round-up’ pricing in items such as coffee suggests increases are exceeding the typical 1.5% surcharge fee
Businesses are using the recent ban on credit card surcharges as “cover” to pass along much larger price increases to customers, experts say, as cafes and restaurants struggle to cope with climbing costs and rising interest rates.
Credit card surcharges, typically worth about 1.5% of the transaction, were banned from 1 October, as part of a Reserve Bank-led reform aimed at improving transparency for customers and, ultimately, lowering bank fees.
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Originally published by The Guardian World
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