Poll: No more card payment surcharges – but who should be covering the cost? 💸
The Government says it's scrapping those annoying card surcharges – and it’s happening next year.
Consumer NZ is stoked, saying these sneaky surcharges cost Kiwis around $65 million a year and should’ve been gone ages ago.
But not everyone’s convinced it’s a win. Labour and Hospitality NZ are worried the costs won’t just disappear. Labour MP Arena Williams put it simply: there should not be surcharges for customers at all. But she points out that the Government’s plan does not deal with banks and merchants “who still scoop a big fee”.
Many of our community are rocked by the recent announcement. Retailers warn card surcharge ban could lead to higher prices - the unfortunatel reality is that small businesses are feeling the squeeze along with their customers. In comparison, large retailers pay significantly lower banking fees and ultimately have more leverage at the negotiation table.
💸 So someone still pays – but who?
We want to know: Who should be covering this cost?
Share your thoughts in the comments!
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5.7% Retailers need to absorb the cost
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88.7% The banks are the problem - the cost should not sit with consumers or retailers
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4.2% I do not mind paying a surcharge - I just want everything to be transparent
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1.4% It is more complicated - I will share below
The 23-carat pie that could be New Zealand’s most expensive
The Baker Tīrau has created what might be New Zealand's most luxurious, and expensive, take on a Kiwi classic steak and cheese pie and is auctioning it off for a good cause.
Made with wagyu beef, French red wine, the most expensive cheese he could get his hands on, and topped with 23-carat gold flakes, award-winning baker Shane Kearns is auctioning off his unique steak and cheese pie to raise funds for local volunteer fire-fighters.
Poll: Does a savoury scone require cheese on top, or folded inside?
Help settle the great kiwi debate ... cheese on top, or folded inside?
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76.6% Inside!
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23.4% On top!
Poll: How are fuel prices affecting you?
We’re taking the bus or the train and trucking companies are getting slammed with price rises to simply stay on the road.
Welcome to the world of $3 a litre plus for fuel.
As the average price of 91 octane petrol across the country rose to $3.32/L at the start of the working week and politicians nervously eyed storage figures, Waikato households feeling the strain were offered little but hope.
How are fuel prices affecting you? Tell us more in the comments (adding NFP if you don't want your words used in print).
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0% A lot
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0% A bit
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0% I don't drive much
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