Reserve Bank Australia

Ombudsman calls for more small business support for Covid-19 hit

As the economic fall out from Covid-19 continues to hit small businesses particularly hard, key figures are calling for more support. Australian Small Business and Family Enterprise Ombudsman Kate Carnell has called on Scott Morrison to ask for additional measures, including for the estimated 1.4 sole traders operating in Australia. It comes as businesses continue […]

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AACS back calls for least-cost routing

The Australasian Association of Convenience Stores (AACS) have backed calls from major retail associations for the Reserve Bank to mandate least-cost routing for merchants. C&I Magazine reported last week that ACAPMA, ARA, COSBOA and MGA had formed the Fairer Merchant Fees Alliance to push for the RBA to reduce merchant fees for ‘tap and go’

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