Merchants will be banned from surcharging the cost of accepting credit and debit card payments from October 1, in a suite of reforms the RBA hopes will ultimately drive down costs for traders and ...

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A conflict at the heart of the Reserve Bank's mandate could determine the outcome of its next interest rates decision. Minutes from the central bank's March meeting published on Tuesday revealed a ...

On Tuesday, the RBA released its long-awaited review of merchant card payment costs and surcharging. As part of three key changes, the RBA says it is removing surcharging on debit, prepaid and credit ...

The RBA will remove surcharges on debit and credit cards, saving consumers and businesses about $1.8 billion each year. The package of reforms also includes lowering the caps on interchange fees paid ...

“In response to the post-pandemic surge in inflation in 2022, the Reserve Bank took what it described as a narrow pathway approach to meeting its objectives. In short, it tightened monetary policy by ...

The Reserve Bank has raised stark concerns over Anthony Albanese’s housing plans, as Australian households face a “more challenging” financial period. In a grim update, the RBA financial stability ...

The Reserve Bank hiked interest rates for the second time this year this week, but the closely divided vote indicated it wasn't an easy call. The hike adds an extra cost to many households and ...

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If the Reserve Bank of Australia’s second straight interest rate rise on Tuesday was difficult for households to cop on top of surging fuel prices, Michele Bullock is putting the country on notice ...