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| Labor banned card surcharges so your coffee would be cheaper. Ooops!!! |
In a classic case of not having a clue, Anthony Albanese has made himself out to be the goose we always knew him to be. Not only did he think that hiding the merchant fee applied to card transactions at the point of sale would reduce the price of a cup of coffee, but his own revenue collection department refused to foot the bill. In my opinion, this is what happens when people who have never been in business or worked a day in their lives get to be in government.
The ban on card surcharges came into effect on October 1. Albanese posted that the surcharge ban would save money ‘every time you tap’ and that ‘from tomorrow, your morning coffee could be cheaper’.
Angus Taylor called it a lie. (More of this, please, Mr Taylor.)
One Sydney roaster said about 98 per cent of her customers paid by card at a 1.3 per cent surcharge and that she would have to raise prices. A café in Perth increased the price of a coffee from $6 to $6.50. Including the old 1.8 per cent surcharge, a card customer had previously been paying about $6.11.
The banks still charge the café a fee every time someone taps. The ban only stops the café adding that fee as a separate line on the docket.

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