Card payment sucharges banned in Australia from 2026

Are you happy with the RBA's proposed changes to surcharging and interchange fees?


  • Total voters
    168
Surely VA and QF always have and always will set prices in such a manner to maximise yield. They would have quite robust data on what proportion of sales from what channels are surcharges or not and this would factor into pricing decisions.

TBH most people wouldn’t notice if your fare to Europe is $2140 one day and $2170 the next. It might well have been $1980 three weeks earlier or even three weeks later as pricing is tweaked.
Yes but will they raise prices somewhere in the equation?
 
Jeez, what tyres were they? Gold plated, I guess (my son owns a tyre business).
Conti Contact 7 19" runflats wide and low profile, fitted/balanced. Cheapest option available. Reluctant purchase but other brands 10%+ more. Last set of Goodyear Eagle F1's in 2021 cost $1,515. Would have been about $2,050 this time but couldn't actually get them (or Michelins).
 
Yes but will they raise prices somewhere in the equation?

In the higher, less elastic booking classes, almost certainly. At the bottom end of the fare range, they will, as they always do, charge a fare that meets their yield objectives. If demand is soft already can’t see them increasing their fares. But if it’s strong they will (but probably already would have anyway). Absorbing CC fees is just another one of the many shocks - some cost related such as fuel, some demand related - such as weak economy or conflict, that they have to deal with on a regular basis.
 

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