‘What planet is this government on?’: Labor blasted over surcharge banCanavan has slammed Tanya Plibersek over Labor’s surcharge ban, arguing she ‘clearly does not understand how business works’.3 min read

7NEWS10-19

The Opposition has unleashed on the Albanese government over its handling of the credit card surcharge ban, accusing Labor of failing to consult small businesses.Nationals leader Matt Canavan claims ...

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Be the first to know: Add 7NEWS as your preferred news source on Google“When they raised this issue of the credit card surcharge and said, ‘ We want more time to adapt; we’ve given more time because we listened,” she said.But Canavan rejected the government’s claims, arguing businesses would ultimately pass the costs on through higher prices.“I don’t know what planet this Labor government is on,” he said.“I mean, you just repeated the absolute lies that somehow this is going to save consumers money.”“There needs to be much more competition in our financial system.”Canavan said the government’s response, including extending the transition period by nine months, demonstrated a failure to understand the pressures facing small businesses. “Not talking to small business, now only giving them a ","collect":0,"end_time":0,"defaultTopTitle":"7news.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","ATO":"ATMOS能源公司","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","BK4197":"燃气公用事业","ISCB":"iShares Morningstar Small-Cap ETF","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"这个政府在哪个星球上？工党抨击附加费银行 Avan 抨击 Tanya Plibersek 工党的附加费禁令，认为她 “显然不了解商业是如何运作的”。阅读时间 3 分钟","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATO":1,"ISCB":0.66},"content_text":"The Opposition has unleashed on the Albanese government over its handling of the credit card surcharge ban, accusing Labor of failing to consult small businesses.Nationals leader Matt Canavan claims the government of fails to understand how businesses operate, warning the ban would force small businesses to increase prices to cover costs that could no longer be passed directly on to customers. WATCH THE VIDEO ABOVE: Government under fire over credit card surcharge banKnow the news with the 7NEWS app: Download today ArrowSmall businesses were informed on September 30 that the ATO would stop accepting credit card payments from December 1, sparking widespread backlash over the short transition period.Now, Assistant Treasurer Daniel Mulino conceded the government knew in July the Australian Taxation Office (ATO) was considering scrapping credit card payments, months before the decision was announced publicly in late September. The government later intervened following the backlash, agreeing to cover the costs and allow credit card payments to continue until mid-2027.‘I don’t know what planet this Labor government is on’On Sunrise on Monday, Social Services Minister Tanya Plibersek defended the government’s approach, saying the changes were intended to save money for businesses and consumers. \n“We’re talking about close to a billion dollars of savings for businesses,” she said.\nPlibersek said the government had extended the transition period after listening to concerns from business owners. Be the first to know: Add 7NEWS as your preferred news source on Google“When they raised this issue of the credit card surcharge and said, ‘ We want more time to adapt; we’ve given more time because we listened,” she said.But Canavan rejected the government’s claims, arguing businesses would ultimately pass the costs on through higher prices. \n“I don’t know what planet this Labor government is on,” he said.\n“I mean, you just repeated the absolute lies that somehow this is going to save consumers money.”\n“There’s no savings here. The surcharges still get charged. They just can’t be passed on to consumers directly.”Canavan said he had spoken to cafe owners who were concerned about the changes and would have little choice but to increase prices. Matt Canavan rejected Tanya Plibersek’s claims, arguing businesses would ultimately pass the costs on through higher prices.  Credit: SunriseGovernment accused of failing small businessesCanavan accused the government of failing to adequately address the underlying fees charged by banks. “If you want to get rid of the surcharges, we’ve got to deal with the banks,” Canavan said.\n“There needs to be much more competition in our financial system.”Canavan said the government’s response, including extending the transition period by nine months, demonstrated a failure to understand the pressures facing small businesses. “Not talking to small business, now only giving them a nine-month extension is exactly why this economy is going to fall,” he said.\n“Because Tanya clearly does not understand how business works.”Plibersek defended the policy, arguing businesses would benefit from lower surcharges when making purchases on credit cards.\n“There’s a $1.9 billion saving to consumers and almost a billion dollar saving to businesses,” she said.The government is facing mounting pressure to deliver a permanent solution, with small businesses already raising prices to help absorb the costs of the changes.Credit cards are facing major changes but rewards are still up for grabs2 min read‘Attacking old people’: Hume slams Labor’s private health rebate cuts4 min read","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.0","shortVersion":"4.52.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2676575724","isCrawlerRequest":true}