The RBA change today is just an excuse for Amex to cut all these benefits. It doesn't bloody affect them at all.
Correct me if I'm wrong but I understand it's the retailers who are banned to pass on a card surcharge, they'll now recoup this cost via increase in price you pay for the product / service instead. The banks are still charging payment processing fees right, just being passed on via another means by the retailer. How is this affecting Amex.
I'd have been ok if they placed a limit on additional PP visit to stop abuse. The PP is useless in Australia most time unless flying Virgin, so it only gets used when flying international for me which is only once or twice a year. To cut it completely is just low.