Federal Member for Gilmore, Ann Sudmalis, has announced “Businesses can no longer overcharge you for using your credit card. This law will make sure Gilmore residents are not ripped off when they make their purchases with credit cards.”
“Your purchases for concerts and sporting matches should have only a small fee if you use your credit card. This is good news for your budget.” she said.
From today all businesses will need to stop any excessive fee charging. If they continue to charge high fees, it must be at a reasonable cost.
The ACCC will watch this and you can contact them on 1300 302 502 if you’re at all worried.
Further guidance for businesses and consumers is available at: www.accc.gov.au.