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regularbum

@ regularbum @aussie.zone

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Joined
1 mo. ago

  • RBA to remove surcharges on debit, credit cards, card networks including eftpos, Mastercard and Visa

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  • I feel like this will just hide to regular folk how much we are just giving away to visa and Mastercard and lessen the popularity for a public payment network (similar to the one Europe is building).

  • Government halves fuel excise to cut price on petrol and diesel

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  • I can see an argument that this will keep the same consumption of fuel as before in order to sustain the economy (and they are betting on supply issues not getting worse) but shouldn’t this then be accompanied with at least some other measures to reduce overall consumption (eg federal support for cheaper public transport or WFH options)?

    Or maybe this is to just make people not “feel” the effects of the war to keep everyone happy?