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Tag: RBA
While America Litigates, Australia Legislates: The $200 Billion Swipe-Fee Fight and the Reform Landing Here in 11 Days
US retailers just told a court they would rather risk trial than accept a $200 billion swipe-fee settlement. Australia took the other road entirely — and its version arrives on 1 October. Here is what the contrast reveals.
No Digital Dollar in Your Wallet: The RBA Just Closed the Door on a Retail CBDC — and Opened Another
The Reserve Bank has concluded there is no clear public interest case for a retail digital dollar. Instead of a consumer CBDC, it is pouring its energy into the plumbing — tokenised wholesale settlement and an upgrade to the system that moves the nation's money.
Australia’s $24 Billion Bet on Tokenised Money: What Project Acacia Actually Concluded
The Reserve Bank just wrapped its most ambitious digital-money experiment yet — 20 live use cases, four kinds of settlement asset, and a headline prize of $24 billion a year. Here is what it found, and what it deliberately left alone.
The Surcharge Era Ends 1 October: What Every Australian Merchant Must Do in the Next 30 Days
From 1 October, surcharging on eftpos, Mastercard and Visa cards disappears — and interchange caps fall with it. Here is the countdown checklist for merchants who do not want to be caught absorbing costs they never planned for.
Australia Has an Account-to-Account Payments Vision. Now It Needs a Roadmap
Australia's payments bodies agree A2A payments should be safe, reliable and affordable. The difficult part is sequencing the migration without breaking payroll.