Explore the latest developments concerning Federal politics: Minister.
Federal politics: Minister didn't find out about ATO credit card ban until it was announced — as it happened
The small business minister has told Question Time she did not find out about the tax office's credit card ban until it was announced.
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Australian rock icons Spiderbait treated workers of Parliament House with a four-song acoustic set of low-voltage rock.
ATO’s $200m U-turn makes paying tax on credit a ‘no-brainer’
The Albanese government has been warned that a potential surge of people paying the Australian Taxation Office by credit card without incurring a fee and earning reward points could blow out the cost of a reprieve from a proposed ban on the payment method.
The ATO is trying to negotiate lower fees with credit card companies and the Reserve Bank of Australia for continuing to accept tax bill payments by credit card until June 30 next year after Treasury said it would subsidise a seven-month delay to a ban it had initially proposed from December.
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Minister breaks ranks, calls for banks to absorb card surcharge pain
A Labor frontbencher has urged the Reserve Bank of Australia to pressure banks to absorb the cost of the government’s card surcharge ban as it once again attempts to clean up the political mess caused by the change.
The ban, which was touted to save Australians about $1.6 billion a year, came into effect on October 1.
Kristy McBain says banks should absorb the costs associated with the government’s surcharge ban. Audrey Richardson
But despite the overhaul including a new cap on interchange fees in an attempt to prevent sellers from being left worse off by the changes, many businesses and other organisations have either increased customer prices or banned credit card payments to cover higher costs associated with the new system.
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