In today's Australia news, the Reserve Bank of Australia (RBA) has announced a ban on debit and credit card surcharges, effective 1 October. This major reform will eliminate extra checkout fees on Visa, Mastercard, and Eftpos payments, saving consumers millions. Meanwhile, exclusive revelations about One Nation's national director, James Ashby, have sparked controversy, and the Treasury's latest intergenerational report paints a picture of a changing Australia.
RBA Bans Card Surcharges: What It Means for You
The RBA's decision to ban card surcharges is a win for consumers. From 1 October, businesses will no longer be able to add surcharges for using debit or credit cards. This move aims to simplify payments and reduce costs for everyday Australians. According to the RBA, these surcharges cost consumers hundreds of millions of dollars annually. The ban applies to all card payments, including those made via mobile wallets.
Impact on Businesses and Consumers
While consumers will benefit from lower costs, some businesses may need to adjust their pricing strategies. However, the RBA believes the reform will promote competition and efficiency in the payments system. Small businesses might see reduced revenue from surcharges, but they may also benefit from increased card usage and streamlined operations.
| Payment Method | Current Surcharge | After 1 October |
|---|---|---|
| Visa Credit | 1-2% | 0% |
| Mastercard Debit | 0.5-1% | 0% |
| Eftpos | 0.5% | 0% |
James Ashby: One Nation's Right-Hand Man Under Scrutiny
An exclusive report has revealed that James Ashby, national director of One Nation, has enjoyed generous benefits, including a $56,000 shed built on his property by a company linked to the party. This raises questions about the use of party funds and transparency. Ashby, a key figure in Pauline Hanson's inner circle, has been instrumental in the party's rise. The revelations come as episode two of 'The Populist' tracks his influence.
Political Implications
The news could damage One Nation's reputation, especially among voters concerned about integrity. It also highlights the broader issue of political donations and benefits. As the next election approaches, such stories may influence public perception.

Treasury's Intergenerational Report: A Shrinking but Longer-Living Australia
The Treasury's latest intergenerational report projects that Australian households will shrink, but more people will live into their 90s. Over the next 40 years, the population will age, with significant implications for healthcare, aged care, and the workforce. The report underscores the need for policy reforms to support an ageing population.
Key Takeaways from the Report
- Household sizes will decrease, with more single-person households.
- Life expectancy will rise, with more Australians living past 90.
- Healthcare and aged care systems will face increased demand.
- Workforce participation among older Australians will need to increase.
Other News: Stabbings in Blue Mountains and Fox Confusion
In other Australia news, a child has died in a stabbing attack in the Blue Mountains, with two other children and a woman in critical condition. Police are investigating. Meanwhile, a survey found that one in six people in Queensland, NSW, and Victoria mistakenly believe red foxes are native wildlife. This highlights a gap in public knowledge about Australia's unique fauna.
FAQ
When will card surcharges be banned in Australia?
Card surcharges will be banned from 1 October, as announced by the RBA.
Who is James Ashby?
James Ashby is the national director of One Nation and a key adviser to Pauline Hanson.

What does the intergenerational report say about Australia's future?
The report projects smaller households and longer life expectancy, with more people living into their 90s.
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