← SBS News In Depth
Card surcharges set to disappear as markets end tough March on positive note artwork

Card surcharges set to disappear as markets end tough March on positive note

SBS News In Depth
10:55
Play episode

Show notes

A major shake-up to how Australians pay is on the way, with the Reserve Bank moving to scrap $1.6 billion in card surcharges and shift costs into upfront pricing. In this episode of SBS On the Money, Ricardo Gonçalves breaks down what it means for households and businesses, with insights from Finder’s Graham Cooke, while Chris Brycki from Stockspot unpacks a rebound on the ASX after a volatile March that delivered the market’s worst monthly result since 2022.

More from this show

More
  1. Where strangers become family through music

    A Melbourne choir is bringing people from diverse backgrounds together through Arabic music, culture and connection. What started as a former Lebanese grocery store has become a t…

    06:05
  2. Cape York's housing crisis: 11 years waiting for a home

    Cape York's housing crisis is worsening, with fears climate migration could put further pressure on First Nations communities. Cape York resident Rebecca Williams spent 11 years o…

    06:02
  3. US midterms: The battle that could derail Trump's presidency

    Donald Trump isn't on the ballot in the US midterm elections, but the stakes for his presidency are enormous. We look at the battlegrounds that could decide control of Congress and…

    07:51
  4. Is AI making us dumber? We asked smart people

    As people outsource an increasing number of cognitive tasks to AI models, high-profile studies are revealing a link to a decline in brain function. So what do we do about it? Conc…

    08:09
  5. Could One Nation sway migrant voters in Victoria?

    Polling ahead of this November's Victorian state election shows a surge in support for One Nation. But the data suggests that some of their rising support has come from a surprisin…

    09:27
  6. Why Black Friday bargains could be bigger this year

    Slowing retail sales could mean bigger Black Friday discounts this year, as shoppers face renewed interest rate pressures. Slowing retail sales and cost-of-living pressures could…

    11:20
Now Playing
Card surcharges set to disappear as markets end tough March on positive note — SBS News In Depth | Podcast | Josplay Music