Businesses not buying positive spin on surcharge ban

Key points

• Small businesses have rejected suggestions that they are the big winners from Labor's ban on credit card surcharges. Assistant Treasurer Daniel Mulino called the reform a huge positive for business, saying it will save small businesses $900 million a year.
• Choice head of policy Morgan Campbell said consumers benefit from knowing prices upfront.
• Restaurant and cafe industry chief Wes Lambert warned that changes to card scheme fees could push merchant fees higher, and that the sector already faces rising inflation and wage costs.