Coffee prices at some cafes rise by 10pc after RBA card surcharge ban
Key points
- Some cafes have raised coffee prices by about 10 per cent after the Reserve Bank's ban on card surcharges. Small Flat White, an online platform tracking coffee prices, found 17 per cent of cafes increased prices since October 1.
- Wes Lambert, chief executive of the Australian Restaurant and Cafe Association, said most businesses have raised prices or introduced new surcharges.
- The Reserve Bank said the ban was designed to reduce card acceptance costs, particularly for small businesses.
Get local alerts + the full feed in the AU Now app
Alerts, Shorts and your saved stories — free on Google Play.
Disclaimer
This is an AI-generated summary based on reporting by ABC News Politics. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
Follow this story in the AU Now app
Alerts for your suburb, Shorts and saved stories — free on Google Play.
Comments
No comments yet — start the conversation.