Tag: finance

Amex cutting merchant fees for small businesses

American Express is reducing the fees it charges small businesses in Australia that accept the Amex card. Fee reductions will vary by business, with most small merchants to be charged a rate...

New $10 banknote to circulate from September

The Reserve Bank has published the design of a new $10 banknote that will be circulated from September. “The $10 banknote celebrates two famous Australian writers, Dame Mary Gilmore and AB ‘Banjo’ Paterson,”...

New Aussie bank calls out big banks on lending rules

Australia’s major retail banks should be more flexible in lending to small and medium businesses, according to the Executive Director of a new Australian bank, Tyro Payments. “In the 21st century, it’s a...

ACCC proposal on Apple Pay bad for retailers, says ARA

The ACCC has proposed to deny authorisation for a number of Australian banks to engage in limited collective bargaining and boycott with Apple in relation to Apple Pay. Bendigo and Adelaide Bank, Commonwealth...
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